WestPark starts ‘best’ endpoint security tool maker SentinelOne at Buy

As previously reported, WestPark Capital analyst Casey Ryan initiated coverage of SentinelOne (S) with a Buy rating and $22 price target, citing its view that the company has the "best cloud-based security tool in the endpoint management space." SentinelOne’s Singularity Platform, which uses artificial intelligence and large-scale datsets, offers the company key competitive advantages that help it secure contracts with new customers, WestPark tells investors. The firm believes that many of these wins come from legacy VPN and firewall companies like Palo Alto Networks (PANW) or privately-held Barracuda, WestPark added.