Morgan Stanley Maintains Overweight Rating for Tenable Holdings: Here's What You Need To Know

Morgan Stanley has decided to maintain its Overweight rating of Tenable Holdings TENB and raise its price target from $44.00 to $47.00.

Shares of Tenable Holdings are trading up 16.48% over the last 24 hours, at $39.87 per share.

A move to $47.00 would account for a 17.88% increase from the current share price.

About Tenable Holdings

Tenable Holdings Inc is engaged in providing solutions for a new category of cybersecurity that call Cyber Exposure. The enterprise offerings include Tenable.io and SecurityCenter. Tenable.io manages and measures cyber exposure across a range of traditional IT assets, such as networking infrastructure, desktops, and on-premises servers. Security Center is built to manage and measure cyber exposure across traditional IT assets and can be run on-premises, in the cloud or in a hybrid environment. It serves various industries such as finance, healthcare, retail, energy, and others. The company has a presence in the Americas, Europe, Middle East, Africa and the Asia Pacific.

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Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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