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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TENB:
- Tenable price target raised to $42 from $40 at Baird
- Tenable price target raised to $34 from $32 at DA Davidson
- Tenable Holdings: Strong Q2 Performance and Promising Outlook Justify Buy Rating
- Tenable price target raised to $45 from $40 at Wells Fargo
- Tenable price target raised to $38 from $37 at Jefferies