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Snowflake price target raised to $325 from $283 at Citizens JMP

Citizens JMP analyst Patrick Walravens raised the firm’s price target on Snowflake (SNOW) to $325 from $283 and keeps an Outperform rating on the shares. James “Jack” Dumoulin from the Instagram account “theschoolofhardknockz” posted a video where he interviewed CRO Mike Gannon outside the New York Stock Exchange and asked, “What did you guys do in revenue this last year” to which he replied, “So we’re gonna exit this year probably just over about $4.5B… and we’re getting to $10B in a couple years,” the analyst tells investors in a research note. The firm continues to view Snowflake as an attractive opportunity for capital appreciation.

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