IronNet (IRNT) Misses Q2 EPS by 7c

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Jefferies Downgrades IronNet Inc. (IRNT) to Underperform

September 15, 2022 8:03 AM EDT

Jefferies analyst Brent Thill downgraded IronNet Inc. (NYSE: IRNT) from Hold to Underperform with a price target of $1.00 (from $2.25).

The analyst commented, "ARR declined qoq for the 4th time in six Qs and two key executives resigned (Co-CEO William Welch & CFO James Gerber) amid... More