Morgan Stanley lowered the firm’s price target on SentinelOne (S) to $27 from $29 and keeps an Equal Weight rating on the shares. While overall demand remains stable, the firm’s checks don’t indicate an inflection in competitive win-rates, says the analyst, who thinks the setup remains challenging into 2025 and is cautious into Q4 results next month.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on S:
- SentinelOne Hold Rating: Balancing Product Adoption and Competitive Pressures Amidst Growth and Profitability Challenges
- SentinelOne’s Growth Prospects and Strategic Initiatives Highlight Undervaluation Opportunity
- DA Davidson analyst holds analys/industry conference call
- CyberArk and SentinelOne team on endpoint and identity security
- DA Davidson enterprise security analysts hold analyst/industry conference call