TD Cowen analyst Derrick Wood raised the firm’s price target on Snowflake (SNOW) to $230 from $210 and keeps a Buy rating on the shares. Snowflake’s Q1 was “strong,” with product growth of 26% beating Street estimates and raising fiscal 2026 guidance, the analyst tells investors in a research note. The firm sees room for a continued beat and raise cadence, with new products ramping further.
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