Morgan Stanley assumed coverage of Tenable (TENB) with an Equal Weight rating and $40 price target Despite being “the clear category leader within its core Vulnerability Management market,” the firm views Tenable as fairly valued and see downside risk to forward free cash flow estimates, the analyst tells investors.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TENB:
- Tenable Holdings: Positive Growth Outlook and Buy Rating Following Vulcan Cyber Acquisition
- Tenable Holdings: Strong Financial Performance and Strategic Positioning Justify Buy Rating
- Tenable Holdings Appoints New Principal Accounting Officer
- Strategic Acquisition and Undervaluation: Kingsley Crane’s Bullish Outlook on Tenable Holdings
- Tenable launches Identity 360, Exposure Center capabilities