
Evercore ISI has raised its price target for Snowflake Inc. (SNOW) to $200 from $190 while maintaining an 'Outperform' rating. The firm anticipates that Snowflake will deliver moderate upside to street estimates for its fiscal fourth quarter product revenue, projected at $903.5 million, which reflects a year-over-year increase of 22.4%. Management guidance for the quarter is set between $906 million and $911 million, indicating a growth rate of approximately 23%. Mizuho has also maintained an 'Outperform' rating for Snowflake, raising its price target to $205. Analysts expect Snowflake's fiscal year 2026 outlook to be attractive, with indications of a potential breakout in the stock's performance.

