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Snowflake price target raised to $310 from $280 at BofA

BofA analyst Brad Sills raised the firm’s price target on Snowflake (SNOW) to $310 from $280 and keeps a Buy rating on the shares. Similarweb total page views data, which tends to have a high correlation to product revenue, shows that total page views ticked down sequentially in August, but then activity picked back up “solidly” in September and October, the analyst tells investors in a preview of Snowflake’s Q3 results scheduled to be reported on December 3.

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