Morgan Stanley Upgrades Tenable Holdings to Overweight, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Hamza Fodderwala upgraded Tenable Holdings (NASDAQ:TENB) from Equal-Weight to Overweight and increased the price target from $46 to $60.
January 09, 2024 | 11:53 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley upgraded Tenable Holdings to Overweight and raised the price target to $60, indicating a positive outlook on the company's future performance.
Upgrades by prominent analysts like Morgan Stanley can lead to increased investor confidence and a potential rise in stock price. The substantial raise in price target from $46 to $60 reflects a strong conviction in the company's growth potential, which may attract more investors and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100