SentinelOne price target lowered to $17 from $18 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on SentinelOne (S) to $17 from $18 and keeps an Equal Weight rating on the shares. Having set “more reasonable guidance for the year,” pointing to upside on margins and hiring a new CFO who has a history of scaling efficiently, the firm thinks “there are ingredients here” for the stock to outperform as the year goes on, the analyst tells investors.