The Zhitong Finance App learned that Oppenheimer raised the target price of Snowflake (SNOW.US) from $295 to $400 while maintaining the stock's “Outperform” (Outperform) rating. Analysts led by Ittai Kidron said that their research on Snowflake shows that the company's consumption and sales pipeline generation in all regions and industries are strong, large-scale transactions are gaining momentum, migration activities are accelerating, and at the same time, the usage rate of Coco, the company's AI programming intelligence agent, is also constantly expanding.

The Zhitong Finance App learned that Oppenheimer raised the target price of Snowflake (SNOW.US) from $295 to $400 while maintaining the stock's “Outperform” (Outperform) rating. Analysts led by Ittai Kidron said that their research on Snowflake shows that the company's consumption and sales pipeline generation in all regions and industries are strong, large-scale transactions are gaining momentum, migration activities are accelerating, and at the same time, the usage rate of Coco, the company's AI programming intelligence agent, is also constantly expanding.