Canaccord lowered the firm’s price target on Tenable (TENB) to $33 from $40 and keeps a Buy rating on the shares. The firm Q4 results beat on all major line items with total revenue growth of 11% and operating margins of 25%. The business continues to perform admirably as it grows into its opportunity in Exposure Management. Key wins in the quarter were highlighted by a large higher education consortium consolidating onto Tenable One as well as ongoing AI adoption.
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