Citi raised the firm’s price target on Snowflake (SNOW) to $275 from $250 and keeps a Buy rating on the shares. The firm increased estimates, saying the company reported its strongest beat in years with product revenue growth of 32%.
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Read More on SNOW:
- Snowflake price target raised to $280 from $240 at BofA
- Snowflake price target raised to $275 from $250 at Wells Fargo
- Snowflake’s Robust Growth and Positive Outlook Earns Buy Rating from Analyst
- Snowflake price target raised to $221 from $191 at Bernstein
- Snowflake price target raised to $270 from $250 at Jefferies