From Yahoo Finance: 2025-06-09 12:15:00

Oppenheimer raised Snowflake Inc.’s (NASDAQ: SNOW) price target to $250 from $225 while maintaining an Outperform rating after the company’s Summit’25 event. Snowflake plans to acquire Crunchy Data to launch Snowflake Postgres, an enterprise-grade PostgreSQL database tailored for AI applications. Customer feedback shows rising adoption of Snowflake due to its user-friendly platform, prompting stronger data lifecycle support and product development. Snowflake offers a cloud-based data platform for organizations to centralize data, generate insights, and apply AI. While SNOW shows investment potential, other AI stocks may offer greater upside and less downside risk.

Reference:
Oppenheimer Increases Price Target on Snowflake (SNOW), Maintains Outperform Rating



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