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Oppenheimer bullish on SentinelOne, initiates with an Outperform
The Fly

Oppenheimer bullish on SentinelOne, initiates with an Outperform

As previously reported, Oppenheimer initiated coverage of SentinelOne (S) with an Outperform rating and $32 price target The firm is positive on its security platform and bullish on the shares reflecting a significantly improved leadership team that’s tightened the company’s operational execution and transformed its sales/GTM efforts; fast-growing non-endpoint market opportunities that reflect attractive cross-sell/upsell and share gain opportunities; and potential to significantly accelerate NNARR as it capitalizes on its platform breadth and realigns sales priorities. Oppenheimer believes investors underestimate the potential of SentinelOne’s recent adjustments/platform value and are yet to credit the company for its recent performance.

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