Jefferies analyst Brent Thill raised the firm’s price target on Snowflake (SNOW) to $270 from $250 and keeps a Buy rating on the shares. Snowflake product revenue growth accelerated to 32% year-over-year and FY26 guidance was raised to 27% growth, the analyst tells investors. Leading indicators were also strong, adds the analyst, who maintains Snowflake as a top pick, citing “accelerating AI adoption layered on a robust core data platform.”
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