Barclays raised the firm’s price target on Snowflake (SNOW) to $219 from $203 and keeps an Overweight rating on the shares. The company’s “strong Q1 beat and raise” should move the shares higher, the analyst tells investors in a research note. The firm says the beat level was slightly higher than average, and that with the raised fiscal 2026 sales guidance above the Q1 beat, Snowflake is showing continued momentum and confidence.
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