JMP Securities Maintains Market Outperform on SentinelOne, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Trevor Walsh maintains a Market Outperform rating on SentinelOne (NYSE:S) but lowers the price target from $26 to $22.
June 02, 2023 | 10:12 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
SentinelOne's price target has been lowered from $26 to $22 by JMP Securities, but the Market Outperform rating is maintained.
The news directly mentions SentinelOne (NYSE:S) and its lowered price target by JMP Securities. While the price target has been reduced, the Market Outperform rating is still maintained, indicating that the analyst still has a positive outlook on the stock. This may have a neutral impact on the stock price in the short term as the lowered price target could be seen as a negative signal, but the maintained rating suggests continued confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100