Loop Capital Raises Snowflake (SNOW) Price Target, Maintains Buy Rating

From Yahoo Finance: 2025-06-05 15:22:00

Loop Capital analysts raised the price target for Snowflake Inc. (NYSE: SNOW) from $230 to $245 and maintained a “Buy” rating following a customer conference and investor session. The company showcased new features related to performance, data governance, and interoperability, leading to an increase in consumption and new customer growth. Snowflake Inc. is positioning itself as a reliable Enterprise AI data platform, distinguishing itself from being just a cloud data warehouse. Despite its potential as an investment, other AI stocks may offer higher returns with limited downside risk.



Read more at Yahoo Finance: Loop Capital Raises Snowflake (SNOW) Price Target, Maintains Buy Rating