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Barchart
Barchart
Wajeeh Khan

This Analyst Just Upped the Price Target on Snowflake Stock. Here's Why.

SNOW Snowflake Koji Ikeda Bank of America Bank of America Securities BofA COCO

Snowflake (SNOW) shares ended in the green on Tuesday after Bank of America Securities said they could rip higher over the next 12 months.

In a research note this morning, analyst Koji Ikeda maintained a “Buy” rating on SNOW, and raised his price target to $205, signaling potential upside of another 20% from here.

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