---
title: "New Buy Rating for Snowflake (SNOW), the Technology Giant"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/302110547.md"
description: "Truist Financial analyst Miller Jump reiterated a Buy rating on Snowflake today and set a price target of $425.00. According to TipRanks, Jump is a 5-star analyst with an average return of 30.6% and a 69.44% success rate. Jump covers the Technology sector, focusing on stocks such as JFrog, Atlassian, and MongoDB. In addition to Truist Financial, Snowflake also received a Buy from J.P. Morgan’s Samik Chatterjee in a report issued today. However, on October 12, Phillip Securities downgraded Snowflake (NYSE: SNOW) to a Hold."
datetime: "2026-10-16T12:36:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/302110547.md)
  - [en](https://longbridge.com/en/news/302110547.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/302110547.md)
generator: "portal-rs"
---

# New Buy Rating for Snowflake (SNOW), the Technology Giant

Truist Financial analyst Miller Jump reiterated a Buy rating on Snowflake today and set a price target of $425.00.

According to TipRanks, Jump is a 5-star analyst with an average return of 30.6% and a 69.44% success rate. Jump covers the Technology sector, focusing on stocks such as JFrog, Atlassian, and MongoDB.

In addition to Truist Financial, Snowflake also received a Buy from J.P. Morgan’s Samik Chatterjee in a report issued today. However, on October 12, Phillip Securities downgraded Snowflake (NYSE: SNOW) to a Hold.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**