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Shows AI-Powered Growth in Q2, Morgan Stanley Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2664180844","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664180844?lang=en_us&edition=fundamental","pubTime":"2026-09-03 23:08","pubTimestamp":1788448116,"startTime":"0","endTime":"0","summary":"Snowflake  delivered strong fiscal Q2 results with product revenue accelerating for a third straight quarter and beating consensus, Morgan Stanley said in a report Thursday.The results, against a tough compare and high expectations, showed just how well AI is monetizing and driving greater consumption in the core platform, the report said.The note also said Q3 guidance for product revenue growth of 37% to 38% implies further acceleration from 37% in Q2.The strong performance was broad-based, with management attributing about 50% of the acceleration to AI products and the balance to the core platform, the report said.Morgan Stanley reiterated its overweight rating and raised its price target to $470 from $300, citing strong execution and line of sight to 40% growth in H2.Price: 370.76, Change: +64.92, Percent Change: 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Q2 Results Easily Cleared High Expectations Bar, BofA Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2664080816","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664080816?lang=en_us&edition=fundamental","pubTime":"2026-09-03 22:59","pubTimestamp":1788447548,"startTime":"0","endTime":"0","summary":"Snowflake (SNOW) delivered solid fiscal Q2 results with the company's Product revenue growth increasing to 37% year on year from 34% in Q1, BofA Securities said in a note Thursday.The investment firm 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