Goldman Sachs Raises Snowflake Stock Price Target to $278 Following Earnings
Following strong earnings, Goldman Sachs raised its price target for Snowflake (SNOW) from $216 to $278 while maintaining a 'Buy' rating. The firm cited two converging AI-related dynamics within the company that had been underpriced by the market.
Topics: AI adoption earnings report Goldman Sachs price target increase Snowflake (SNOW)