Snowflake price target lowered to $188 from $200 at Rosenblatt

Rosenblatt analyst Blair Abernethy lowered the firm’s price target on Snowflake to $188 from $200 and keeps a Buy rating on the shares post the Q4 results. The company indicated it has seen more cautious spending patterns in its international segment and slower expected ramp ups among its younger customer cohorts than it had experienced in the past, the analyst tells investors in a research note.