SentinelOne price target raised to $17 from $14 at Wells Fargo

Wells Fargo analyst Andrew Nowinski raised the firm’s price target on SentinelOne to $17 from $14 and keeps an Equal Weight rating on the shares. The company’s Q2 results were a solid improvement relative to the miss last quarter, the analyst tells investors in a research note. However, while SentinelOne is making progress toward profitability, its still likely beyond fiscal 2025, says the firm. As such, Wells sees “little to get excited about at this point.”