Snowflake Inc. (SNOW) PT Raised to $275 at DA Davidson

DA Davidson analyst Gil Luria raised the price target on Snowflake Inc. (NYSE: SNOW) to $275.00 (from $250.00) while maintaining a Buy rating.

The analyst comments "We reiterate our BUY rating and raise our price target to $275 on SNOW following strong 2Q26 earnings underscored by a notable reacceleration of product revenue, driven by core data warehouse outperformance due to large customer migrations. Management noted that they're continuing to see products throughout all four product buckets perform better than they're expecting, with a clear path for durable growth in these categories. Based on developer activity in our DaVinci Developer Dataset, conversations we hold with The DEN, and recent results, we continue to view SNOW as a top pick in Software."

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