Bernstein raised the firm’s price target on SentinelOne to $37 from $34 and keeps an Outperform rating on the shares. The firm notes SentineOne’s Q4 2024 revenue delivered a solid +2.4% beat vs. consensus, and guided Q1 and full-year 25 revenue just below consensus. Match that with existing customers’ NRR continuing to decline, and “perhaps it’s not surprising that aftermarket the stock is down about -11% as we write this note,” Bernstein adds.
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