In a report released today, Saket Kalia from Barclays maintained a Hold rating on Tenable Holdings (TENB – Research Report), with a price target of $51.00. The company’s shares closed yesterday at $47.57.
Kalia covers the Technology sector, focusing on stocks such as Gen Digital, PTC, and Zscaler. According to TipRanks, Kalia has an average return of 15.6% and a 61.43% success rate on recommended stocks.
Currently, the analyst consensus on Tenable Holdings is a Strong Buy with an average price target of $54.07.
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TENB market cap is currently $5.56B and has a P/E ratio of -69.54.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TENB in relation to earlier this year.
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Tenable Holdings (TENB) Company Description:
Tenable Holdings, Inc. engages in the development of security software solutions. It offers Cyber Exposure which is a discipline for managing and measuring cybersecurity risk in the digital era. Its products include tenable.io, tenable.sc, and nessus professional. The firm delivers solutions in the field of application security, cloud security, compliance, energy, finance, healthcare, and retail. The company was founde by John C. Huffard, Jr. and Renaud M. Deraison in 2002 and is headquartered in Columbia, MD.
Read More on TENB:
- DA Davidson enterprise security analysts hold analyst/industry conference call
- SolarWinds names Brian Goldfarb new CMO
- Tenable Holdings price target raised to $56 from $52 at Needham
- Tenable Announces Date For Its Fourth Quarter and Full Year 2023 Earnings Conference Call
- Tenable Named a CRN 2024 Cloud 100 Company
