Shares of Snowflake Inc. ($SNOW) have experienced notable upward momentum, with the stock rising approximately 10% over the past week. The stock is currently trading at $183.09, with analysts and traders projecting potential price targets of $194, $200, and $212. The bullish sentiment is reflected in the Put/Call ratio of 11k/40k, indicating strong interest in call options. Some investors have taken profits, with reports of March call spreads being sold for a 50% gain. Snowflake has been a standout performer in the software sector, attracting significant attention from market participants. The stock is also nearing a close to 100% gain from earlier levels.