Needham Maintains Buy on Tenable Holdings, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos maintains a Buy rating on Tenable Holdings (NASDAQ:TENB) but lowers the price target from $62 to $50.
August 01, 2024 | 7:53 pm
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Needham analyst Mike Cikos maintains a Buy rating on Tenable Holdings but lowers the price target from $62 to $50.
The Buy rating suggests continued confidence in Tenable Holdings' long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100