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Snowflake price target lowered to $192 from $204 at Barclays

Barclays lowered the firm’s price target on Snowflake (SNOW) to $192 from $204 and keeps an Equal Weight rating on the shares. The firm views the Q4 report as a “very credible quarter” for the company. Snowflake’s product growth reaccelerated to 30% year-over-year, and its fiscal 2027 growth was guided ahead of consensus, the analyst tells investors in a research note.

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