Cantor Fitzgerald raised the firm’s price target on Snowflake (SNOW) to $278 from $275 and keeps an Overweight rating on the shares. Snowflake continues to be well-positioned to benefit from secularly-driven AI-related spend as enterprises look to take advantage of GenAI and Agentic AI services throughout their organizations, the analyst tells investors in a research note.
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Read More on SNOW:
- Snowflake price target raised to $237 from $221 at Bernstein
- Wedbush recommends buying Snowflake on any weakness in shares
- Snowflake price target raised to $270 from $260 at Baird
- Cautious Hold Rating on Snowflake Amid High Valuation and Competitive Risks
- Snowflake price target raised to $299 from $272 at Morgan Stanley