Oppenheimer analyst Ittai Kidron lowered the firm’s price target on SentinelOne (S) to $24 from $26 and keeps an Outperform rating on the shares. SentinelOne reported a mixed Q3, beating on the top and bottom line but issuing Q4 guidance short of consensus revenue and margin expectations. Traction in emerging products sounds strong, but the overall mix of bookings was flat sequentially, Oppenheimer adds.
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Read More on S:
- Cautious Hold Rating on SentinelOne Amid Mixed Signals and Uncertainties
- SentinelOne price target lowered to $17 from $19 at JPMorgan
- Cautious Outlook on SentinelOne: Hold Rating Amid Market Stagnation and Leadership Changes
- SentinelOne price target lowered to $23 from $26 at Canaccord
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