Morgan Stanley analyst Sanjit Singh lowered the firm’s price target on Snowflake (SNOW) to $245 from $270 and keeps an Overweight rating on the shares. With a full year of Snowflake Intelligence, clear momentum with Cortex Code and a stable core, the firm sees a path to 30% growth in FY27, which it thinks “ultimately will get rewarded.”
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Read More on SNOW:
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