Wells Fargo Reaffirms Their Hold Rating on Tenable Holdings (TENB)
Wells Fargo analyst Richard Poland maintained a Hold rating on Tenable Holdings yesterday and set a price target of $25.00.
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Poland covers the Technology sector, focusing on stocks such as Okta, SailPoint, Inc., and Zscaler. According to TipRanks, Poland has an average return of -21.3% and a 0.00% success rate on recommended stocks.
Tenable Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $29.06.
Based on Tenable Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $262.06 million and a net profit of $1.41 million. In comparison, last year the company earned a revenue of $239.14 million and had a GAAP net loss of $22.94 million
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TENB in relation to earlier this year. Last month, Matthew Charles Brown, the Chief Financial Officer of TENB bought 12,000.00 shares for a total of $258,480.00.
Read More on TENB:
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- Tenable price target raised to $29 from $27 at Wedbush
- Tenable price target raised to $29 from $24 at Stephens
- AI Models Turn More Positive on Tenable Holdings, but Valuation Stays a Constraint
- Tenable price target raised to $25 from $22 at DA Davidson
- Tenable price target raised to $30 from $26 at Needham
