Information Provided By:
Fly News Breaks for December 10, 2019
TENB
Dec 10, 2019 | 07:36 EDT
Cowen analyst Nick Yako noted Tenable Holdings acquired Indegy which he said will strengthen its positioning in the rapidly growing OT Security market. He said spending is set to surpass $1B driven by rising awareness including from the U.S. government which could lead to upside to estimates. Yako reiterated his Outperform rating and $36 price target on Tenable Holdings shares.
News For TENB From the Last 2 Days
TENB
Apr 26, 2024 | 07:15 EDT
Scotiabank last night initiated coverage of Tenable Holdings with a Sector Perform rating and $47 price target. The company is gaining share in vulnerability management and customers are adopting Tenable One and looking at cloud security, the analyst tells investors in a research note. However, the firm thinks the investment positives are already factored into the shares. It notes the shares trade at a 70% valuation premium to Rapid7 and Qualys.
TENB
Apr 25, 2024 | 16:23 EDT
Scotiabank initiated coverage of Tenable Holdings with a Sector Perform rating and $47 price target.