Oppenheimer Raises the PT on Snowflake Inc (SNOW), Keeps a Buy Rating
Core Viewpoint - Snowflake Inc. is highlighted as a top revenue growth stock, with an increased price target from Oppenheimer analyst Ittai Kidron, raising it from $175 to $295 while maintaining an Outperform rating [1]. Company Summary - Snowflake Inc. is a technology company that specializes in providing a cloud-based platform for data cloud and artificial intelligence solutions [3]. Industry Summary - Analysts expect companies in analytics, data, infrastructure, and security software sectors to report solid quarterly earnings, with revenue growth and modest increases in full-year guidance due to strong Q3 deal flows and lead generation for Q4 in a normalized competitive environment [2].