A Glimpse Into The Expert Outlook On Tenable Holdings Through 14 Analysts
Portfolio Pulse from Benzinga Insights
Tenable Holdings (NASDAQ:TENB) has been analyzed by 14 analysts, showing a range of opinions from bullish to bearish. The average 12-month price target is $49.86, down 11.45% from the previous $56.31. Analysts have adjusted their ratings and price targets, reflecting changing market dynamics and company performance. Tenable's financials show a positive revenue trend but challenges in profitability and asset utilization.
October 16, 2024 | 2:00 pm
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NEUTRAL IMPACT
Tenable Holdings has received mixed analyst ratings with a current average price target of $49.86, a decrease from the previous $56.31. Analysts have adjusted their ratings and price targets, indicating a cautious outlook. The company shows positive revenue growth but faces challenges in profitability and asset utilization.
The mixed analyst ratings and lowered price targets suggest a cautious outlook for Tenable Holdings. While the company shows positive revenue growth, its profitability and asset utilization challenges may weigh on investor sentiment. The decrease in the average price target reflects these concerns, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100