SentinelOne price target raised to $20 from $18 at Morgan Stanley

Morgan Stanley raised the firm’s price target on SentinelOne (S) to $20 from $18 and keeps an Equal Weight rating on the shares. SentinelOne has struggled to compete in the endpoint security market against larger platform vendors CrowdStrike (CRWD) and Microsoft (MSFT) over the past few years and Palo Alto Networks (PANW) more recently, notes the analyst, who would look to get more proof points before turning more positive despite Q2 earnings last week being “more positive than expected.”