Analysts raise Snowflake price targets, see further gains after earnings jump
Following Snowflake's strong Q2 beat, Morgan Stanley and Bank of America both lifted their price targets to $470, implying about 54% upside from the prior close. They cited accelerating product revenue growth and a significant contribution from AI products as key drivers for continued momentum.
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Original headline: “Snowflake is ripping after its earnings report. Two analysts say there's more upside to come.” Browse more stories.