Barclays lowered the firm’s price target on SentinelOne (S) to $19 from $21 and keeps an Equal Weight rating on the shares. The company’s net new annual recurring revenue of $28M came in below Barclays’ $32M estimate, driven by a softer than expected April, the analyst tells investors in a research note.
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Read More on S:
- SentinelOne downgraded to Neutral from Overweight at JPMorgan
- SentinelOne: Stabilized Trends and Strategic Initiatives Signal Potential Recovery and Growth
- SentinelOne’s Resilience Amid Macroeconomic Challenges: Buy Rating Affirmed with Growth Prospects and Strategic Initiatives
- SentinelOne downgraded to Equal Weight from Overweight at Wells Fargo
- SentinelOne Reports Strong Revenue Growth and Innovation
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