SentinelOne price target lowered to $18 from $19 at BofA

BofA analyst Tal Liani lowered the firm’s price target on SentinelOne (S) to $18 from $19 and keeps a Neutral rating on the shares. Weak guidance and a CFO departure are blemishes on “a solid quarter otherwise,” the analyst tells investors. However, the Q3 beat was on reduced expectations, Q4 revenue growth guidance was 110 basis points below expectations and the CFO leaving after only one year “adds to the instability and uncertainty,” the analyst added.