https://www.live-feeds.com/feed/morgan-stanley-resets-snowflake-stock-price-target-by-170Continuously updated, source-cited coverage. https://www.live-feeds.com/feed/morgan-stanley-resets-snowflake-stock-price-target-by-170https://www.live-feeds.com/feed/morgan-stanley-resets-snowflake-stock-price-target-by-170#u60164Mon, 07 Sep 2026 15:12:23 +0000Snowflake stock rose 22% following healthy financial results and strong momentum in AI coding. The company's growth is driven by an increased uptake of its AI assistant and AI-fueled consumption. In response to these developments, Morgan Stanley adjusted the Snowflake stock price target by $170. Market reaction reflects optimism over the company's revenue outlook and the ability of its AI tools to drive enterprise adoption.Why it mattersEnterprise software firms are currently racing to integrate generative AI to maintain growth. Snowflake's shift toward AI-driven consumption ind