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SNOWBullishAnalyst Ratingnews

High materiality7/10

Argus lifts Snowflake target to $450, signaling upside potential.

Sep 4, 2026, 9:39 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

A higher target and Buy stance for SNOW suggest potential re-rating and near-term upside, consistent with prior upgrade-driven moves in tech names.

AI summary

What happened, with direct paths to the underlying reporting

Snowflake is in focus after Argus Research boosted its price target to $450 and reaffirmed a Buy rating, while other tech names in the analyst roundup saw mixed revisions. Snowflake closed at $356.47 on Thursday, suggesting about 26% upside if the new target proves credible. The update could attract more buy-side attention ahead of near-term catalysts.

Argus raises Snowflake target to $450; Buy rating maintained.
Snowflake closed at $356.47 on Thursday; implied upside to target.
Analyst changes span ASAN, LIQT, PL, ZS, CIEN, GWRE.
Other PT changes: PL to $40, ZS to $215, CIEN to $525.

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StockNews.AI groups source reporting, classifies the event, and measures subsequent price movement. This is informational research, not investment advice. Prices may be delayed or unavailable.