The article mentions that Snowflake's FY24 product revenue growth outlook has been revised down due to weaker trends from larger Enterprise customers. However, analysts from Piper Sandler, Needham, Oppenheimer, Morgan Stanley, and Raymond James maintain positive ratings with price targets ranging from $170 to $215. This indicates that despite the downward revision, the long-term potential for Snowflake remains strong, which could balance out the short-term impact on the stock price.