Tenable (TENB) Shares Up 7.5%
Tenable Holdings Inc (NASDAQ:TENB)’s share price shot up 7.5% during trading on Thursday . The company traded as high as $36.86 and last traded at $36.28. 1,262,063 shares traded hands during mid-day trading, an increase of 138% from the average session volume of 531,338 shares. The stock had previously closed at $33.76.
A number of brokerages have recently commented on TENB. Morgan Stanley increased their price target on shares of Tenable from $31.00 to $32.00 and gave the stock a “hold” rating in a report on Thursday, September 6th. William Blair began coverage on shares of Tenable in a report on Monday, August 20th. They issued an “outperform” rating on the stock. Stifel Nicolaus began coverage on shares of Tenable in a report on Monday, August 20th. They issued a “buy” rating and a $43.00 price target on the stock. BTIG Research began coverage on shares of Tenable in a report on Monday, August 20th. They issued a “buy” rating and a $41.00 price target on the stock. Finally, Deutsche Bank began coverage on shares of Tenable in a report on Monday, August 20th. They issued a “buy” rating on the stock. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Tenable presently has an average rating of “Buy” and an average price target of $38.00.
Tenable (NASDAQ:TENB) last released its earnings results on Wednesday, September 5th. The company reported ($0.30) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.23) by ($0.07). The company had revenue of $63.59 million for the quarter, compared to the consensus estimate of $62.78 million. analysts predict that Tenable Holdings Inc will post -0.97 EPS for the current year.
Tenable Company Profile (NASDAQ:TENB)
Tenable Holdings, Inc provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its enterprise software platform enables visibility into an organization's cyber exposure across the attack surface and deep insights that help organizations translate technical data into business insights to understand and reduce their cybersecurity risk.
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