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.
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