Oppenheimer analyst Ittai Kidron reiterated an Outperform rating on Snowflake Inc (NYSE: SNOW) with a price target of $240. The analyst highlighted Snowflake as one of his top picks for 2024. Kidron sees multiple tailwinds that can deliver upside for the year and next year’s outlook. Also Read:Snowflake Might Be Setting a New Standard in AI – Inside Their Bold Plan to Boost Revenue with Generative AI Tools The tailwinds included an improving macro environment, less intense cloud optimization activities that can drive consumption growth, expanding market presence within the Federal vertical, in…