Tenable price target raised to $37 from $30 at Scotiabank

Scotiabank analyst Patrick Colville raised the firm’s price target on Tenable (TENB) to $37 from $30 and keeps a Sector Perform rating on the shares. While the firm believes there is a lot to like about the company, Scotiabank remains on the sidelines since its recent checks show exposure management is not a top priority at the company, which presents a challenge in an environment with tight budgets, the analyst tells investors.