Needham analyst Alex Henderson raised the firm’s price target on SentinelOne to $23 from $19 and keeps a Buy rating on the shares after its better than expected Q2 results and above-consensus guidance. The company’s performance appears to have stabilized, and the management sounded much more confident in its earnings call, the analyst tells investors in a research note. Sentinel is seeing the same stabilization in Enterprise demand as evidenced in most of the Software Security names, the firm added.
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