Stephens analyst Todd Weller raised the firm's price target on Tenable to $29 from $24 and keeps an Equal Weight rating on the shares. Tenable outlined a "compelling" platform vision, a "logical narrative around AI as more opportunity than disruptor," and a clear growth strategy at its investor meeting, the analyst tells investors. However, the company's 2029 financial targets suggest that growth acceleration will take time to materialize and reflect a continued balanced approach, the analyst added.
