Aug. 18 at 11:52 AM
$S SentinelOne price target raised to
$26 from
$22 at BofA
BofA raised the firm's price target on SentinelOne to
$26 from
$22 and keeps a Buy rating on the shares. SentinelOne's outlook is improving on broader AI-security multiple expansion, stronger execution, and its evolution into a broader platform, with Data, AI, and Cloud already contributing roughly half of annual recurring revenue and record net new ARR, improving large-customer trends, and progress toward profitable growth supporting the longer-term thesis, the analyst tells investors in a research note.