Investors may not be familiar with this company, but its shares have solid upside potential to the Goldman Sachs target. Rapid7 Inc. (NASDAQ: RPD) engages in the provision of cybersecurity analytics and automation services. Its products include its Insight platform, which offers InsightVM, InsightIDR, InsightAppSec and InsightConnect.
Rapid 7 is advancing security with visibility, analytics and automation delivered through its Insight cloud. Its solutions simplify the complex, allowing security teams to work more effectively with IT and development to reduce vulnerabilities, monitor for malicious behavior, investigate and shut down attacks and automate routine tasks. Some 8,400 customers rely on Rapid7 technology, services and research to improve security outcomes and securely advance their organizations.
Analysts have noted that Rapid 7s’ portfolio of cloud security solutions helps address the need to improve infrastructure visibility, whether based on cloud-native development or traditional application architecture.
The $130 Goldman Sachs price target on the Buy-rated shares compares with the $131.25 consensus target. Rapid 7 stock closed on Tuesday at $103.41 a share.
This is perhaps a lesser-known stock in the industry, but it offers a very attractive entry point. SentinelOne Inc. (NYSE: S) operates as a cybersecurity provider in the United States. Its Singularity Platform delivers artificial intelligence-powered autonomous threat prevention, detection and response capabilities across an organization’s endpoints and cloud workloads, enabling seamless and automatic protection against a spectrum of cyber threats.
Last month the company announced a new integrated solution with Mimecast to improve end-to-end threat protection, accelerate incident response and minimize delays for security teams. With SentinelOne and Mimecast, security teams can leverage cooperative defenses and rapidly respond to threats across email and endpoints for a holistic approach to incident response powered by XDR.
Goldman Sachs has set a Buy rating with a $79 target price. The consensus target for SentinelOne stock is $63.50, and Tuesday’s closing print of $33.29 was down nearly 5% for the day.
This company may hold the best value for investors at current trading levels. Tenable Holdings (NASDAQ: TENB) provides cyber exposure solutions in the Americas, Europe, the Middle East and elsewhere. The company’s platforms include Tenable.io, a cloud-delivered software as a service, and Tenable.sc, an on-premises solution.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.