SentinelOne price target lowered to $16 from $17 at Citi

Citi analyst Fatima Boolani lowered the firm’s price target on SentinelOne to $16 from $17 and keeps a Neutral rating on the shares following the Q4 results. Decelerating logo growth and modest DBNR compression are unlikely to ease investor concerns around Microsoft competition and discounting pressure narrative overhangs, the analyst tells investors in a research note.