Snowflake, Inc. (NYSE:SNOW) tied CEO Sridhar Ramaswamy’s 1,000,000 performance RSUs to multi‑year share‑price and service milestones while KeyBanc stayed Overweight and raised its price target to $325, underscoring bullish investor confidence linked to long‑term performance.
Previous Week Recap
- Ramaswamy Granted 1M RSUs: Snowflake granted CEO Sridhar Ramaswamy 1,000,000 performance-based RSUs that vest on multi-year price and service targets, tying equity payout to share-price milestones and continued service.
- KeyBanc Raises Snowflake Target: KeyBanc kept Overweight on Snowflake (SNOW) and raised its price target from $285 to $325 per share, updating its valuation while maintaining a positive outlook for the stock.
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