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Snowflake momentum snowballing toward meaningful ramp, says Canaccord

Canaccord analyst Kingsley Crane said Snowball’s Q3 results indicate successful stabilization in top-line traction with product revenue while providing yet another data point that the customer-centric approach is translating into improved business momentum as they eye a more meaningful ramp in 2026. Canaccord reiterated its Buy rating and $190 price target on Snowball shares.

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