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Snowflake To Rally Around 24%? Here Are 10 Top Analyst Forecasts For Tuesday

Reviewed by ClearTape · Source: Benzinga

Key takeaways

Citizens Securities lifted Snowflake Inc.
Price target increased from $325 to $408 (+25%)
Snowflake shares closed at $330.11 on Monday

What happened

Citizens Securities lifted Snowflake Inc.

Why it matters

The jump reflects renewed confidence from a major broker, signaling that analysts now see stronger upside potential for Snowflake’s cloud platform business, which could attract buying interest and lift the share price.

Short-term and longer-term

Short-term. Short‑term traders should watch for a breakout above the new $408 target, especially if volume spikes around earnings or new product launches.

Longer-term. Over the next few months, investors should assess whether Snowflake can sustain its revenue growth and expand its enterprise customer base to justify the higher valuation.

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