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Tenable price target raised to $38 from $37 at Jefferies

Jefferies raised the firm’s price target on Tenable (TENB) to $38 from $37 and keeps a Hold rating on the shares. Management revised FY25 billings growth upwards to 7.6% year-over-year, notes the analyst, who contends that the current valuation “feels fair until growth acceleration emerges.”

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