Wells Fargo raised the firm’s price target on SentinelOne to $22 from $17 and keeps an Equal Weight rating on the shares. SentinelOne’s execution is improving, as this marked the second consecutive quarter that results exceeded guidance following the miss in Q1, says the firm. However, Wells stays on the sidelines as the company is still a long way from reaching positive OM and free cash flow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on S:
- SentinelOne (NYSE:S) Skyrockets on Blowout Q3 Performance
- SentinelOne jumps 8% to $21.82 after Q3 earnings beat, FY24 guidance raise
- SentinelOne raises FY24 revenue view to $616M from $605M, consensus $605.7M
- SentinelOne sees Q4 revenue $169M, consensus $166.5M
- SentinelOne reports Q3 EPS (3c), consensus (8c)
