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flag Snowflake's stock dipped after price target cuts despite strong earnings and AI-driven growth momentum.

flag Citigroup lowered Snowflake’s price target to $270 from $300 but kept its buy rating, while Goldman Sachs cut its target to $246, also maintaining a buy. flag The company reported strong earnings with $0.35 EPS and 28.7% revenue growth, though it posted negative net and return on equity. flag Despite insider sales totaling over $148 million in 90 days, Snowflake sees momentum in AI-driven revenue, with a reported $100 million annualized run rate. flag Analysts remain divided over risks like litigation and regulatory uncertainty versus growth potential in data analytics. flag The stock trades around $172.49 with a market cap of $59 billion.

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