Key Takeaways From Tenable Holdings Analyst Ratings
Portfolio Pulse from Benzinga Insights
Tenable Holdings (NASDAQ:TENB) received mixed analyst ratings, with a decrease in average price target from $56.31 to $50.57. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Despite revenue growth, Tenable faces challenges with profitability and returns.
September 13, 2024 | 12:00 pm
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Tenable Holdings has received a mix of bullish and bearish analyst ratings, with a notable decrease in the average price target from $56.31 to $50.57. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Despite a 13.44% revenue growth, Tenable faces challenges with profitability and returns, as indicated by its negative net margin, ROE, and ROA.
The decrease in the average price target and the adjustments in ratings by multiple analysts suggest a bearish sentiment in the short term. The company's financial metrics, such as negative net margin, ROE, and ROA, indicate challenges in profitability and returns, which could negatively impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100