SentinelOne shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $26.5 to $35..
Portfolio Pulse from Benzinga Newsdesk
SentinelOne's stock price increased following an upgrade from B of A Securities, changing its rating from Neutral to Buy and raising the price target from $26.5 to $35.
February 14, 2024 | 3:49 pm
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POSITIVE IMPACT
SentinelOne's stock price is expected to rise in the short term due to the upgrade from Neutral to Buy by B of A Securities and an increase in the price target from $26.5 to $35.
Stock upgrades by reputable financial institutions like B of A Securities typically lead to a positive short-term price movement. The upgrade from Neutral to Buy signifies a strong confidence in SentinelOne's future performance, and the increase in price target to $35 suggests a significant upside potential from the current price level. This news is directly related to SentinelOne and is critical for investors holding or considering $S shares.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100