Barclays Lowers Price Target for Tenable Holdings to $20 Amid Cautious Outlook on Cybersecurity Spending
Barclays has lowered its price target for Tenable Holdings (NASDAQ:TENB) from $28 to $20, reflecting a more cautious outlook on near-term cybersecurity spending trends. The move comes ahead of Tenable's Q1 earnings and highlights macroeconomic uncertainty and shifting enterprise spending priorities. Tenable remains focused on growth, having recently appointed Dino DiMarino as Chief Revenue Officer.
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