Argus Raises Price Target on Snowflake (SNOW) Amid Strong Q1 Performance
On May 29, 2026, Argus raised its price target for Snowflake Inc. (NYSE:SNOW) to $300 from $250 and maintained a Buy rating due to the company's growing role in generative AI applications. Citi also increased its price target to $320 from $260 following strong Q1 results, including revenue of $1.39B and non-GAAP EPS of 39c.
Tickers: $SNOW
Topics: AI adoption analyst ratings Snowflake