SNOW surges premarket after earnings; HPE dips after report
Snowflake shares rose 24% premarket after its quarterly report, while Hewlett Packard Enterprise stock fell about 5%. Morningstar raised price targets for both, citing stronger results.
Snowflake and Hewlett Packard Enterprise delivered strong quarterly reports, but investors reacted very differently, with Snowflake shares surging 24% premarket on Thursday while HPE stock fell about 5%.Morningstar analysts nonetheless raised their price targets for both companies, citing stronger…