Wells Fargo Upgrades SentinelOne to Overweight, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Nowinski has upgraded SentinelOne (NYSE:S) from Equal-Weight to Overweight and increased the price target from $19 to $29.
August 22, 2024 | 12:50 pm
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Wells Fargo has upgraded SentinelOne to Overweight and increased its price target to $29, indicating a positive outlook on the stock.
The upgrade from Equal-Weight to Overweight by a major financial institution like Wells Fargo suggests increased confidence in SentinelOne's performance. The raised price target from $19 to $29 indicates expectations of significant upside potential, likely leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100