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Poised to end June on a bullish note, shares of Tenable (NASDAQ: TENB) are extending a climb that began with yesterday's 11% rise. With an ****** yst upwardly revising his price target on the cybersecurity stock, investors are finding a new reason to bid the stock higher.
As of 10:18 a.m ET, shares of Tenable are up 7%.
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Maintaining an overweight rating, Brian Essex, an ****** yst at JPMorgan, hiked his price target on Tenable stock to $40 from $35.
The firm also added Tenable stock to its ****** yst Focus List. According to Thefly.com, Essex based his increasingly bullish outlook on the belief that threats from China will continue to drive demand for Tenable's cybersecurity solutions; moreover, Essex sees the company as the best-positioned exposure management vendor to address the escalating threats.
1 month ago

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