Baird raised the firm’s price target on SentinelOne (S) to $32 from $30 and keeps an Outperform rating on the shares. The firm said they expect net-new business growth to accelerate in 2H, and with the implied guidance and investor expectations for NNARR largely flattish year-over-year in Q3/Q4, they believe there is upside to these numbers, supported by strong channel-feedback/partner checks, accelerating pipeline momentum, traction in non-endpoint solutions, and key wins in federal/MSSP ecosystems.
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