Baird analyst Shrenik Kothari maintains $Tenable Holdings (TENB.US)$ with a buy rating, and adjusts the target price from $53 to $50.
According to TipRanks data, the analyst has a success rate of 70.7% and a total average return of 22.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Tenable Holdings (TENB.US)$'s main analysts recently are as follows:
Assessments indicate that Tenable's performance remained consistent quarter-over-quarter. Stability in Q3 is a key focal point, yet projections for billings and revenue reaching 2025 are considered to be on the higher side.
The sentiment around Tenable's core-VM is approached with caution, but the anticipation for the third quarter billings guidance to be met is supported by the easing of comparative figures and largely stable 'at-plan' channel net-scores.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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