Expert Outlook: Tenable Holdings Through The Eyes Of 10 Analysts
Portfolio Pulse from Benzinga Insights
Tenable Holdings (NASDAQ:TENB) received mixed analyst ratings with an average 12-month price target of $52.00, a slight increase from the previous $51.67. Analysts' actions included both upgrades and downgrades, reflecting a range of perspectives on the company's performance. Tenable, a cybersecurity firm, has shown solid revenue growth but faces challenges with profitability and efficiency metrics. The company's market capitalization is below industry benchmarks, and it has a lower than average growth rate compared to peers.
January 26, 2024 | 1:00 pm
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NEUTRAL IMPACT
Tenable Holdings received a mix of analyst ratings and a revised average price target of $52.00. The company's solid revenue growth is offset by concerns about profitability and efficiency.
The mixed analyst ratings and slight increase in the average price target suggest a neutral short-term impact on TENB's stock price. The company's revenue growth is positive, but concerns about profitability and efficiency could temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100