N-able price target lowered to $5.25 from $8.75 at Scotiabank

Scotiabank analyst Joe Vandrick lowered the firm’s price target on N-able (NABL) to $5.25 from $8.75 and keeps a Sector Perform rating on the shares. While the firm believes N-able is well insulated from the risk of copycats, Scotiabank has not yet seen signs that AI is a tailwind for the company’s business, the analyst tells investors. The firm believes top-line acceleration in 2026 is needed before a re-rating.