Citi raised its price target on Snowflake ahead of the cloud-based data storage company's latest earnings report. Snowflake is due to report its earnings after the closing bell on Aug. 27. Heading into this release, Citi analyst Tyler Radke reiterated his buy rating on the stock. Shares of Snowflake have surged 26% this year. Radke's revised price forecast implies another potential upside of 28% ahead. SNOW YTD mountain SNOW YTD chart As a catalyst, Radke pointed to Cortex, Snowflake's suite of AI features. Enthusiasm present at Snowflake's recent SNOW summit has also highlighted strong uptake, increasing AI momentum and "continued stable consumption amidst an uncertain environment." "We are cautiously optimistic into F2Q26 print, following an encouraging SNOW Summit where partners and cus

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