Wedbush notes Snowflake (SNOW) reported its Q3 results, which featured beats on the top and bottom lines as the company continues to see strength in its key metrics of product revenue/RPO, while also providing strong Q4 product revenue guidance but that should be overshadowed by the Street whisper expectations being too high into the print. The firm maintains its Outperform rating and $270 price target and says Snowflake remains on the AI 30 List. Wedbush would be a buyer on any weakness in shares.
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