Reported 2 days ago
Canaccord Genuity analyst Kingsley Crane has reaffirmed a Buy rating on Snowflake Inc. (SNOW) with a price target of $220. He emphasizes Snowflake's continuous enhancement of data accessibility and usability through its SQL-native architecture, contributing to its revenue model. Crane also highlights recent product advancements and acquisitions that position Snowflake favorably in the AI-driven data platform market, making it a strong long-term investment as enterprise demand for such solutions grows.
Source: YAHOO