TD Cowen lowered the firm’s price target on Snowflake (SNOW) to $255 from $270 and keeps a Buy rating on the shares. The firm said they delivered 4Q growth of 30%, a roughly 2.2% beat, similar to last quarter but marked 1pt of growth acceleration. FY27 guide of +26% organic is a solid starting point, though FCF margin guide slightly below.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
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 $235 from $265 at UBS
- Snowflake price target lowered to $230 from $285 at Piper Sandler
- Snowflake price target lowered to $225 from $300 at Evercore ISI
- Snowflake price target lowered to $216 from $246 at Goldman Sachs
- Snowflake price target lowered to $205 from $225 at Stifel