DA Davidson keeps a Buy rating and $300 price on Snowflake (SNOW) after its “strong” Q3 earnings. The quarte was highlighted by a beat on top and bottom-line expectations, with the management also raising its fiscal year top-line guidance, the analyst tells investors in a research note. Snowflake further noted that they continue to see strong momentum across the core business along with newer AI/ML and data engineering categories, the firm added.
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Read More on SNOW:
- Snowflake price target raised to $300 from $280 at Evercore ISI
- Snowflake price target raised to $278 from $275 at Cantor Fitzgerald
- 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
