Why SentinelOne's Stock Is Trading Higher Today

SentinelOne Inc S is trading higher Monday morning after multiple analyst firms initiated coverage on the stock with bullish ratings and price targets. 

• Goldman Sachs analyst Brian Essex initiated coverage on SentinelOne with a Buy rating and announced a price target of $57.
• BTIG initiated coverage on SentinelOne with a Buy rating and announced a price target of $61.
• Needham analyst Alex Henderson initiated coverage on SentinelOne with a Buy rating and announced a price target of $58.
• Barclays analyst Saket Kalia initiated coverage on SentinelOne with an Overweight rating and announced a price target of $57.
• Cowen & Co. analyst Shaul Eyal initiated coverage on SentinelOne with an Outperform rating and announced a price target of $60.
• Wells Fargo analyst Andrew Nowinski initiated coverage on SentinelOne with an Overweight rating and announced a price target of $55.
• Loop Capital analyst Yun Kim initiated coverage on SentinelOne with a Buy rating and announced a price target of $60.
• Deutsche Bank analyst Patrick Colville initiated coverage on SentinelOne with a Buy rating and announced a price target of $54.
• Piper Sandler analyst Rob Owens initiated coverage on SentinelOne with a Neutral rating and announced a price target of $48.
• B of A Securities analyst Tal Liani initiated coverage on SentinelOne with a Buy rating and announced a price target of $62.
• Morgan Stanley analyst Hamza Fodderwala initiated coverage on SentinelOne with an Overweight rating and announced a price target of $56.

SentinelOne Inc operates an autonomous cybersecurity platform.

At last check Monday, the stock was up 7.3% at $49.98.