Wells Fargo raised the firm’s price target on Tenable (TENB) to $45 from $40 and keeps an Overweight rating on the shares following quarterly results. The firm notes shares of Tenable traded up about 7% after hours on improving demand trends and a higher outlook. Tenable One continues to gain traction, driving larger deals in both enterprise and the U.S. Fed. Wells believes CCB growth will continue to improve and remains a buyer.
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