SentinelOne price target lowered to $25 from $27 at Bernstein

Bernstein analyst Peter Weed lowered the firm’s price target on SentinelOne (S) to $25 from $27 and keeps an Outperform rating on the shares. The firm notes SentinelOne’s Q1 earnings were negatively impacted by macro weakness in April, slipping deals out of the quarter and leaving its guidance beat at just more than 0% relative to last year’s quarters at 1-3% beats. Bernstein says this was consistent with its channel checks into the quarter.