Scotiabank Remains Bullish on Snowflake (SNOW) Despite Revenue Missing “Whisper Numbers”
Snowflake Inc. (NYSE:SNOW) is one of the best stocks to buy for the next 5 years. On December 4, Scotiabank raised the firm’s price target on Snowflake to 280 with an Outperform rating on the shares. The firm pointed out that although the company’s FQ3 2026 product revenue was strong, it failed to meet the lofty whisper numbers of institutional investors. However, Scotiabank maintains its positive outlook on the company due to the evidence of robust customer spending trends. In its FQ3 earning ...