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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNOW:
- Snowflake Executive’s Unauthorized Interview Sparks Caution
- PLTR vs. NVDA: Which AI Stock Is a Better Pick, According to Analysts?
- Buy These 3 Tech Stocks Now, Say Five-Star Analysts
- WTW Radar integrates with Snowflake for data integration, real-time insights
- ‘Ample Room to Accelerate’: Why These Two Analysts Are Bullish on Snowflake Stock (SNOW)
