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SentinelOne price target raised to $19 from $16 at Barclays

Barclays raised the firm’s price target on SentinelOne (S) to $19 from $16 and keeps an Equal Weight rating on the shares ahead of the earnings report on May 28. The firm models Q1 net new annual recurring revenue of $42M, up 50% year-over-year, given easy compares and its “healthy” channel checks. Barclays sees potential upside to $44M.

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