RBC Capital raised the firm’s price target on Snowflake (SNOW) to $250 from $236 and keeps an Outperform rating on the shares. The firm’s checks from the Snowflake Summit 2025 and the company’s corresponding investor day were positive across competitive positioning, newer product traction, AI positioning and new product roadmap, the analyst tells investors in a research note. As expected, there were no financial updates given the ongoing search for a new CFO, RBC added.
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