Yahoo Finance

Scotiabank analyst Patrick Colville lowered the firm’s price target on Tenable (TENB) to $30 from $45 and keeps a Sector Perform rating on the shares. The company recently reported Q1 results with billings in-line with expectations, but also cut its guidance for FY25, the analyst tells investors. While there is “a lot to like” about the company, the firm remains on the sidelines.

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• Tenable price target lowered to $40 from $44 at Baird

• Tenable price target lowered to $40 from $47 at UBS

• Tenable price target lowered to $30 from $45 at Stifel

• Tenable price target lowered to $42 from $50 at Cantor Fitzgerald

• Tenable price target lowered to $40 from $52 at Wedbush