Stifel lowered the firm’s price target on Snowflake (SNOW) to $205 from $225 and keeps a Buy rating on the shares. While shares traded-off modestly in after-hours as 2% product-revenue upside was marginally lower quarter-over-quarter, it was “nevertheless a solid quarter,” the analyst tells investors.
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Read More on SNOW:
- Snowflake price target lowered to $195 from $237 at Bernstein
- Snowflake price target lowered to $245 from $268 at JPMorgan
- Snowflake price target lowered to $245 from $270 at Morgan Stanley
- Snowflake price target lowered to $210 from $290 at Wells Fargo
- Snowflake price target lowered to $250 from $300 at Jefferies