SentinelOne, Inc. (NYSE:S) is a top AI cybersecurity provider. Citizens maintains a positive outlook on the stock, reiterating a “Market Outperform” rating with a $23.00 price target on December 15. Despite slower growth, the firm sees potential for re-rating with improved execution. Currently, S trades at a 3.7x EV/revenue multiple, below the peer group median of 11.1x. The firm notes S’s lack of scale and declining growth rate relative to profitability expectations. While acknowledging S’s investment potential, Citizens believes other AI stocks offer greater upside with less downside risk. For more on undervalued AI stocks, check out their free report on the best short-term AI stock.
Read more at Yahoo Finance: Citizens Sees Re-Rating Potential for SentinelOne (S) Despite Slower Growth
