Tenable Holdings price target raised to $62 from $60 at Stephens

Stephens raised the firm’s price target on Tenable Holdings to $62 from $60 and keeps an Overweight rating on the shares. The company reported “solid” Q4 results that were ahead of expectations across all metrics, the analyst tells investors. Stephens currently sees an attractive risk/reward for the stock and continues to like the setup ahead with de-risked guidance, increasing momentum across several areas of the business, and growing Tenable One adoption.