Wells Fargo analyst Andrew Nowinski lowered the firm’s price target on SentinelOne (S) to $22 from $30 and keeps an Overweight rating on the shares. Shares of SentinelOne traded down after market close, as the results and guidance were below expectations, the firm notes. That said, growth still remains above peers, and the company is now profitable with positive free cash flow, Wells adds. The firm believes estimates should now be reset to a beatable level.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on S:
- SentinelOne’s Growth Potential and Favorable Valuation Reinforce Buy Rating
- SentinelOne price target lowered to $21 from $22 at Barclays
- SentinelOne’s Strong Performance and Growth Potential Justifies Buy Rating
- SentinelOne Reports Strong Growth in Fiscal Year 2025
- Closing Bell Movers: Intel spikes 11% after naming new CEO
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue