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Tenable price target lowered to $26 from $28 at Needham

Needham analyst Mike Cikos lowered the firm’s price target on Tenable (TENB) to $26 from $28 and keeps a Buy rating on the shares after its Q1 results. The company is in the early phases of driving a re-acceleration, underpinned by Tenable One adoption, the analyst tells investors in a research note, also citing its growing sales capacity and productivity per representative.

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