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Piper Sandler Sticks to Its Hold Rating for SentinelOne (S)

Tipranks - Tipranks - Sat May 30, 6:36AM CDT

In a report released today, Rob Owens from Piper Sandler maintained a Hold rating on SentinelOne, with a price target of $15.00.

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According to TipRanks, Owens is a 5-star analyst with an average return of 18.2% and a 60.99% success rate. Owens covers the Technology sector, focusing on stocks such as Netskope, Inc., Palo Alto Networks, and Fortinet.

In addition to Piper Sandler, SentinelOne also received a Hold from J.P. Morgan’s Brian Essex in a report issued today. However, on the same day, TD Cowen reiterated a Buy rating on SentinelOne (NYSE: S).

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Based on SentinelOne’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $271.15 million and a GAAP net loss of $110.23 million. In comparison, last year the company earned a revenue of $225.52 million and had a GAAP net loss of $70.79 million

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