SentinelOne price target lowered to $14 from $16 at DA Davidson

DA Davidson analyst Rudy Kessinger lowered the firm’s price target on SentinelOne (S) to $14 from $16 and keeps a Neutral rating on the shares. The firm is citing the company’s newly appointed CFO who joined SentinelOne from Asana, where under her tenure operating margins and free cash flow margins both improved 13-14 points, though given that she is not joining until after Q4 results, DA Davidson warns that there is some risk initial FY27 guidance will be a bit more conservative than it otherwise would be, the analyst tells investors in a research note.