SentinelOne CFO change to be ‘positively received,’ says Jefferies

After SentinelOne (S) announced the appointment of Barbara Larson, who most recently was the CFO at Workday (WDAY), as the company’s CFO, effective immediately, Jefferies believes “investors will positively receive this change” given Larson’s previous experience at large companies. Given that SentinelOne is nearing the $1B in ARR milestone, as well as the materializing opportunity from the Crowdstrike (CRWD) incident, the “move appears logical,” added the analyst, who has a Hold rating and $27 price target on SentinelOne shares.