JMP Securities Maintains Market Outperform on SentinelOne, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Trevor Walsh has reaffirmed SentinelOne's Market Outperform rating and increased the price target from $22 to $33.
December 06, 2023 | 12:29 pm
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POSITIVE IMPACT
SentinelOne's stock rating was maintained at Market Outperform by JMP Securities, with a raised price target from $22 to $33, indicating a positive outlook on the stock.
The increase in price target by JMP Securities suggests a strong conviction in SentinelOne's future performance. This is likely to be viewed positively by investors and could lead to a short-term increase in the stock price, as market outperform ratings with raised targets often signal analyst confidence in a company's growth potential.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100