Snowflake target raised at Canaccord ahead of earnings
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
Snowflake Inc. (SNOW) PT Raised to $230 at Evercore ISI
February 27, 2025 5:13 AM ESTEvercore ISI analyst Kirk Materne raised the price target on Snowflake Inc. (NYSE: SNOW) to $230.00 (from $200.00) while maintaining a Outperform rating.
The analyst comments "SNOW delivered a strong beat and raise F4Q highlighted by product revenue of $943.3mn (+28%), solidly above mgmt. guidance of $906- 911mn (+23%), and operating margins of 9% vs. mgmt. guidance of 4%. Perhaps most significantly, FY26 product revenue guide of $4,280mn (+24%) came in solidly ahead of Street... More
