SentinelOne price target raised to $25 from $17 at Piper Sandler

Piper Sandler analyst Rob Owens raised the firm’s price target on SentinelOne to $25 from $17 and keeps a Neutral rating on the shares. A stable macro backdrop helped drive a solid Q3 for SentinelOne, with results across the top and bottom line ahead of expectations and guidance raised for Q4, the firm says. Q3 takes another step in the right direction, but Piper remains sidelined as growth decelerates.