Snowflake Inc. (NYSE: SNOW) saw Citi lower its price target to $270 from $300, citing a 30% pullback post third-quarter results and sector concerns over AI spending. Snowflake announced a $200 million partnership with OpenAI to offer customers access to AI models through Snowflake Cortex AI. Snowflake operates a cloud-based data platform in Montana.

Read more at Yahoo Finance: Citi Cuts Snowflake (SNOW) Price Target to $270 but Maintains Buy Rating