TD Cowen Reiterates Buy Rating on SentinelOne Inc (S)

October 4, 2024 6:06 AM EDT
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Price: $17.67 -2.7%

Rating Summary:
    24 Buy, 13 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 19 | New: 43
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TD Cowen analyst Shaul Eyal reiterated a Buy rating and $35.00 price target on SentinelOne Inc (NYSE: S).

The analyst commented: "Takeaways from our meeting (CEO, IR): 1) We view events in Israel as having a minimum to no impact on operations, 2) We believe mgmt. has recorded an uptick from new logos planning to switch to Singularity, 3) Good visibility into the 2H renewal pipeline fuels flattish net new ARR guide, and 4) The B2B deal with Lenovo serves as a blueprint for other forthcoming partnerships. Reit Buy and $35 PT."

For an analyst ratings summary and ratings history on SentinelOne Inc click here. For more ratings news on SentinelOne Inc click here.

Shares of SentinelOne Inc closed at $22.98 yesterday.



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