SentinelOne price target raised to $21 from $19 at Barclays

Barclays raised the firm’s price target on SentinelOne (S) to $21 from $19 and keeps an Equal Weight rating on the shares following the fiscal Q2 report. The company beat net new annual recurring revenue estimates against low expectations, driven by strength across both new and existing customers and traction with emerging solutions, the analyst tells investors in a research note.