SentinelOne price target lowered to $20 from $32 at Deutsche Bank

Deutsche Bank analyst Brad Zelnick lowered the firm’s price target on SentinelOne (S) to $20 from $32 and keeps a Buy rating on the shares. The company’s Q3 results that were better than feared and noticeably better than last week’s disappointment from Crowdstrike (CRWD), Zelnick tells investors in a research note. The analyst says the results "are defendable if not encouraging."