Jefferies raised Snowflake Inc.’s price target to $300 from $270, maintaining a “Buy” rating, citing strong AI-driven demand. The firm views SNOW as a top pick for robust performance in the second half of the year, buoyed by positive pipeline strength and partner growth outlooks. The company’s proprietary survey indicates strong AI adoption and partner momentum, reinforcing confidence in its growth trajectory. While Snowflake Inc. is a cloud-based data storage company, some analysts believe other AI stocks may offer greater upside potential. For more insights on AI stocks, check out the latest reports.

Read more at Yahoo Finance: Jefferies Raises Snowflake (SNOW) PT to $300, Citing Strong AI-Driven Demand