Wedbush analyst Taz Koujalgi raised the firm’s price target on Snowflake to $210 from $144 to account for the expansion in market and Software multiples, while keeping a Neutral rating on the shares. Channel Feedback indicates modest trends for new business in November and December, but material uptick in January, the firm says.
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Read More on SNOW:
- Snowflake price target raised to $260 from $215 at Loop Capital
- Snowflake price target raised to $260 from $220 at DA Davidson
- Snowflake price target raised to $265 from $230 at Jefferies
- Snowflake upgraded to Buy from Neutral at Cleveland Research
- Snowflake price target raised to $225 from $185 at UBS
