Morgan Stanley analyst Meta Marshall lowered the firm’s price target on Tenable (TENB) to $27 from $30 and keeps an Equal Weight rating on the shares. Tenable posted “a clean Q1,” but the firm needs to see more of the customer inbounds convert to wins to gain more confidence in the story, the analyst tells investors.
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Read More on TENB:
- Tenable price target lowered to $34 from $38 at Baird
- Tenable price target raised to $21 from $20 at Barclays
- Analyst Reaffirms Buy on Tenable Amid Solid Execution, Raised Guidance and Growing Momentum for Tenable One Platform
- Closing Bell Movers: Meta falls 6%, Alphabet jumps 6% after earnings
- Tenable reports Q1 EPS 47c, consensus 41c
