Citizens JMP analyst Patrick Walravens raised the firm’s price target on Snowflake (SNOW) to $201 from $190 and keeps an Outperform rating on the shares. Snowflake reported strong Q4 results, marking CEO Sridhar Ramaswamy’s one-year anniversary, the analyst tells investors in a research note. Guidance was better than expected and reflects the strong consumption patterns over the last month, the firm says.
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