Baird analyst William Power raised the firm’s price target on Snowflake (SNOW) to $180 from $152 and keeps an Outperform rating on the shares. The firm said they reported strong Q3 results and with increasing confidence in the company’s ability to ultimately grow mid-20s%+ in F2026 and the potential for an improving AI/competitive narrative into next year, they remain positive on the company’s mid- to long-term outlook.
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Read More on SNOW:
- Snowflake price target raised to $185 from $165 at Piper Sandler
- Snowflake price target raised to $185 from $150 at KeyBanc
- Snowflake price target raised to $150 from $125 at Wells Fargo
- Snowflake price target raised to $185 from $175 at JPMorgan
- Snowflake price target raised to $172 from $142 at Barclays
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
