Tenable Holdings price target raised to $61 from $50 at DA Davidson

DA Davidson raised the firm’s price target on Tenable Holdings to $61 from $50 and keeps a Buy rating on the shares. The company’s Q4 results were strong across the board, highlighted by Calculated Current Billings growth rebounding, the analyst tells investors in a research note. Tenable’s Exposure solutions, anchored by Tenable One, continue to see strong traction, the firm added.