Snowflake Furthers Leadership as the Best Data Foundation for Enterprises

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Goldman Sachs Reiterates Buy Rating on Snowflake Inc. (SNOW)

June 5, 2024 10:12 AM EDT

Goldman Sachs analyst Kash Rangan reiterated a Buy rating and $220.00 price target on Snowflake Inc. (NYSE: SNOW).

The analyst comments "We reiterate our Buy rating and $220 Price Target on Snowflake after attending the Data Cloud Summit and Investor Day. We walked away more confident that Snowflake is uniquely suited to be a long-term Gen-AI winner as value extends beyond the infrastructure layer (re: model training) to the... More

Snowflake Inc. (SNOW) PT Lowered to $183 at RBC Capital

June 5, 2024 6:15 AM EDT

RBC Capital analyst Matt Hedgberg lowered the price target on Snowflake Inc. (NYSE: SNOW) to $183.00 (from $226.00) while maintaining a Outperform rating.

The analyst comments " We had the opportunity to attend Snowflake's Data Cloud Summit 24 and corresponding investor day. The focus... More

Barclays Reiterates Equalweight Rating on Snowflake Inc. (SNOW)

June 5, 2024 5:35 AM EDT

Barclays analyst Raimo Lenschow reiterated an Equalweight rating and $191.00 price target on Snowflake Inc. (NYSE: SNOW).

The analyst comments "We think SNOWs customer conference and analyst day showed clearly the fast product evolution for SNOW with many new solutions being announced or... More