Bank of America Raises Snowflake's Price Target Ahead of Earnings
Ahead of its May 27 earnings report, Bank of America raised its price target for Snowflake (SNOW) to $205 from $195 while maintaining a Buy rating. The firm cited increased confidence in the company’s execution potential over the next 18 months, particularly around AI business intelligence opportunities.
Topics: AI business intelligence Bank of America Earnings report Snowflake