Snowflake Inc. (SNOW) PT Lowered to $175 at FBN Securities

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Snowflake (SNOW) gets 2nd downgrade after earnings as Wolfe cuts to Neutral

May 26, 2023 9:08 AM EDT

Wolfe Research analyst Alex Zukin downgraded Snowflake (NYSE: SNOW) shares to Market Perform from Outperform and removed a $160 per share price target.

The analyst made a move after another downward guidance revision from Snowflake earlier this week. The guide down leaves... More