Shares of cybersecurity firm SentinelOne Inc (NYSE:S) are trading higher Monday, building on recent gains despite a lack of fresh company-specific announcements for the session. The upward momentum appears to be driven by investor optimism following a series of positive developments last week.
What To Know: Likely the most direct catalyst came last Friday when Rosenblatt analyst Catharine Trebnick initiated coverage on the stock with a Buy rating and a $24 price target. The bullish call signals confidence in SentinelOne's market strategy and future performance, likely prompting fresh investor interest.
