Snowflake Beats Q4 Estimates, Lifts Full-Year Outlook: Analysts See AI Boosting Growth

Shares of Snowflake Inc SNOW were climbing in early trading on Thursday, after the company reported upbeat fourth-quarter results.The results came in amid an exciting earnings season. Here are some key analyst takeaways.JPMorgan On SnowflakeAnalyst Mark Murphy reiterated an Overweight rating, while raising the price target from $185 to$210.Snowflake's fourth-quarter beat was lower in magnitude and less broad-based across bookings and consumption than the previous quarter's upside, Murphy said in the note. ...