Canaccord lowered the firm’s price target on SentinelOne (S) to $23 from $26 and keeps a Buy rating on the shares. The firm said the company exits FQ3’26 with what they view as another consistent step forward in financial results with revenue and ARR both growing 23% year-over-year, supported by a second consecutive quarter of positive net-new ARR momentum and broad-based customer activity.
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Read More on S:
- SentinelOne price target lowered to $18 from $19 at BofA
- SentinelOne price target lowered to $20 from $28 at Piper Sandler
- SentinelOne price target lowered to $23 from $29 at Citizens JMP
- Strong Performance and Strategic Growth Propel SentinelOne to a Buy Rating
- SentinelOne’s Strong Performance and Strategic Positioning Justify Buy Rating