Morgan Stanley lowered the firm’s price target on Tenable (TENB) to $50 from $55 and keeps an Overweight rating on the shares. Partner checks and survey work suggest Tenable’s performance was stable quarter-over-quarter, the analyst tells investors in a preview. The firm is looking for “stability” in Q3, but looking ahead to 2025 thinks consensus billings and revenue forecasts are “high,” the analyst added.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TENB:
- Tenable initiated with a Hold at Jefferies
- Tenable announces new DSPM, AI-SPM capabilities for Tenable Cloud Security
- DA Davidson enterprise security analysts hold analyst/industry conference call
- DA Davidson analysts hold an analyst/industry conference call
- Tenable launches Tenable Enclave Security