Wedbush Maintains Outperform on Tenable Holdings, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has maintained an 'Outperform' rating on Tenable Holdings (NASDAQ:TENB), but lowered the price target from $55 to $50.
November 02, 2023 | 1:37 pm
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Wedbush has maintained an 'Outperform' rating on Tenable Holdings but lowered the price target from $55 to $50.
The news is directly about Tenable Holdings. The 'Outperform' rating suggests that the analyst expects the stock to do better than the market average, which is positive. However, the lowering of the price target might indicate a reduced growth expectation, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100