Snowflake Analysts Raise Forecasts As Stock Jumps To 52-Week High On Strong Results
1. Snowflake reports 32% revenue growth at $1.14 billion, exceeding expectations. 2. Analysts raise price targets significantly, indicating strong future performance. 3. Dollar-based net revenue retention rose to 125%, a notable improvement. 4. AI integrations are positioned for growth; 6,100 customers actively using features. 5. Snowflake's stock reached a new 52-week high, gaining 18.66% in a day.