Wedbush lowered the firm’s price target on SentinelOne (S) to $20 from $23 and keeps an Outperform rating on the shares. The firm notes SentinelOne delivered its Q3 results that featured beats on the top and bottom lines as the company saw strong demand for its singularity platform but will be overshadowed by its weaker outlook as management takes a prudent approach to the macro environment.
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Read More on S:
- SentinelOne price target lowered to $24 from $26 at Oppenheimer
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- Cautious Outlook on SentinelOne: Hold Rating Amid Market Stagnation and Leadership Changes
- SentinelOne price target lowered to $23 from $26 at Canaccord