Cantor Fitzgerald Maintains Price Target for SentinelOne Amidst Economic Challenges

Reported 2 days ago

Cantor Fitzgerald analyst Jonathan Ruykhaver has reaffirmed a $24 price target for SentinelOne Inc. (NYSE:S), maintaining an Overweight rating. He highlighted the company's strong position due to its status as a net exporter and resilience in the cybersecurity landscape, particularly focusing on cloud services and next-generation SIEM. However, he noted that SentinelOne's growth depends on expanding its customer base, which may face challenges due to economic fluctuations and potential risks in the EDR market.

Source: YAHOO

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