Snowflake Analyst Remains Bullish Ahead Of Q2 Earnings Release

Snowflake Inc SNOW is scheduled to report its fiscal second-quarter results on Wednesday.Of the 27 data points collected on the company, 85% are positive this quarter versus 50% in the previous quarter, according to Citizens JMP Securities.The Snowflake Analyst: Analyst Patrick Walravens reiterated a Market Outperform rating and price target of $260.The Snowflake Thesis: Snowflake guided to product revenue growth of 25% for the quarter, representing a sequential deceleration from 26%, which requires "only a ...