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Fly News Breaks for May 1, 2019
TENB
May 1, 2019 | 08:30 EDT
Wedbush analyst Daniel Ives raised his price target for Tenable Holdings to $44 from $38 to reflect his growing confidence in the company's growth story over the coming quarters. The analyst notes Tenable delivered a "strong performance" coming in ahead of the Street on both the top and bottom line and "handily" beating his billings forecast, with the company also giving "healthy guidance" for the June quarter and raising its outlook for the rest of the year. He reiterates an Outperform rating on the shares.
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