Tenable slips on back of UBS downgrade
Seeking Alpha ·
Tenable ( TENB ) shares slipped 1.4% in premarket trading on Friday after UBS downgraded the cybersecurity company to Neutral from Buy. “Despite the 20% decline [week-to-date], TENB shares are still up ~75% since the Mythos announcement, and in our view still appear to be pricing in HSD/LDD% growth
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Shares of cybersecurity firm Tenable fell 1.4% in Friday's premarket following a rating downgrade by UBS. UBS lowered its rating from Buy to Hold, pointing out that despite recent stock volatility, the shares are still up 75% following the Mythos announcement. Investors are advised to take a cautious approach given valuation pressures from the short-term surge.
하락 영향
- Cybersecurity — Tenable shares are undergoing a short-term correction, down 1.4%, driven by a UBS rating downgrade and valuation concerns.
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DYAX Investor Sentiment
Bullish (Long) 53% · Bearish (Short) 47%
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