DA Davidson analyst Rudy Kessinger raised the firm’s price target on SentinelOne to $16.50 from $13.50 but keeps a Neutral rating on the shares. The company’s Q2 results were “strong” and marked a nice rebound from revenue misses of the last quarter, while the management offered little commentary on takeout rumors, the analyst tells investors in a research note. Competitive pressures loom however, and the rebound quarter is not enough to change the firm’s opinion on the stock, DA Davidson added.
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