SentinelOne initiated with an Overweight at Stephens

Stephens initiated coverage of SentinelOne (S) with an Overweight rating and $25 price target SentinelOne, which has established “a strong position in the next-generation endpoint market,” has multiple growth drivers that should enable the company to sustain 20%-plus top-line growth over the next few years, the analyst tells investors. The firm believes that the company has made strong progress in improving profitability and sees the company at “a positive inflection point,” the analyst added.