BTIG analyst Gray Powell raised the firm’s price target on Snowflake (SNOW) to $312 from $276 and keeps a Buy rating on the shares ahead of its Q3 earnings. The firm’s discussions with several of the company’s partners yielded positive insights on demand trends, the analyst tells investors in a research note. BTIG adds that the Snowflake partners see their respective practices sustaining 30% or higher growth.
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