Morgan Stanley Upgrades SentinelOne Inc (S) to Overweight, 'Underappreciated Asset Value'

June 12, 2023 4:21 AM EDT
Get Alerts S Hot Sheet
Price: $23.83 +6.86%

Rating Summary:
    24 Buy, 13 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 19 | Down: 16 | New: 9
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(Updated - June 12, 2023 4:26 AM EDT)

Morgan Stanley analyst Hamza Fodderwala upgraded SentinelOne Inc (NYSE: S) from Equalweight to Overweight with a price target of $20.00 (from $15.00).

The analyst comments "Despite recent missteps, we believe the market is now mispricing the inherent value of SentinelOne as a long-term share gainer and the potential for meaningful margin upside. Risk-reward is favorable with S trading at a 50% valuation discount to peer group. Raising FCF estimates and PT to $20."

For an analyst ratings summary and ratings history on SentinelOne Inc click here. For more ratings news on SentinelOne Inc click here.

Shares of SentinelOne Inc closed at $14.55 yesterday.


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