Reported about 17 hours ago
Oppenheimer has raised its price target for Snowflake Inc. (NYSE:SNOW) from $210 to $225, maintaining an Outperform rating following strong FQ1 2026 results marked by a 26% year-over-year revenue increase to $1 billion. The CEO announced impressive performance across Snowflake's offerings, including growing customer bases and the effective introduction of new products, particularly in AI. Oppenheimer remains optimistic about Snowflake’s future, especially if economic conditions stay favorable.
Source: YAHOO