JPMorgan lowered the firm’s price target on Snowflake (SNOW) to $245 from $268 and keeps an Overweight rating on the shares. The firm views the company’s Q4 report as “healthy” with above-consensus fiscal 2027 product growth.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNOW:
- 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
- Snowflake: Reaccelerating Growth, Robust Consumption, and Emerging AI Tailwinds Support Buy Rating
- Snowflake price target lowered to $192 from $204 at Barclays