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SentinelOne Price Target Cut at Cantor Fitzgerald, Overweight Rating Maintained
Cantor Fitzgerald lowered its price target on SentinelOne Inc. (NYSE: S) to $22 from $24 while reiterating an Overweight rating ahead of the company’s fiscal third-quarter results.
The firm said it remained encouraged by strong large-deal momentum, the rollout of the Flex offering, an expanding CNAPP platform supported by the Prompt acquisition, and continued product traction. Analysts added they are watching for signs of improved go-to-market execution, incremental contributions from the Lenovo partnership, and potential headwinds within the broader endpoint security market.
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