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Tenable Holdings price target raised to $55 from $50 at Piper Sandler

Piper Sandler analyst Rob Owens raised the firm’s price target on Tenable Holdings to $55 from $50 and keeps an Overweight rating on the shares. The company’s Q2 execution “snapped back” as it produced strong results with upside to current billings, revenue, margins and free cash flow, the analyst tells investors in a research note. The firm says Tenable remains a top pick.

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