Scotiabank Raises its Price Target on Snowflake (SNOW)

On June 8, 2026, Scotiabank expert Patrick Colville raised the firm’s terms people connected Snowflake Inc. (NYSE:SNOW) to $320 from $285 and maintained an Outperform standing connected the shares. Colville said Scotiabank near Summit 2026 with greater assurance that Snowflake is benefiting from endeavor AI adoption and is well-positioned to present accelerating maturation successful the 2nd fractional of the year.

On June 4, 2026, Truist raised the firm’s terms people connected Snowflake Inc. (NYSE:SNOW) to $300 from $275 and maintained a Buy standing connected the shares. Following discussions astatine Snowflake Summit 2026, the steadfast said lawsuit and spouse feedback suggest Snowflake’s tools are accelerating workload creation, migrations, and level expansion. Truist besides said this is driving higher usage portion strengthening Snowflake’s relation arsenic a governance, connectivity, and orchestration furniture for endeavor AI.

On June 3, 2026, Loop Capital expert Mark Schappel raised the firm’s terms people connected Snowflake Inc. (NYSE:SNOW) to $320 from $290 and maintained a Buy standing connected the shares. Schappel said the company’s Investor Day presumption accrued Loop Capital’s assurance that AI-related workloads are becoming a cardinal operator of demand, arsenic enterprises proceed to put successful information readiness and determination usage cases from experimentation into production. Loop Capital added that Snowflake has made meaningful advancement defending its presumption against hyperscalers, though competitory hazard from frontier exemplary vendors remains an country to watch.

Snowflake Inc. (NYSE:SNOW) provides a cloud-based information level for organizations successful the United States and internationally.

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