These Analysts Boost Their Forecasts On Snowflake Following Better-Than-Expected Q2 Earnings
Snowflake beats Q2 revenue and earnings estimates, raises margin guidance, and shares surge 24%; analysts lift price targets to $424 and $450.
Snowflake did better than people thought it would in the past three months, so experts who study the company raised their predictions for how much it might be worth. When a company surprises people with good results, it can mean the business is getting stronger.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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