15 AI News Investors Shouldn’t Miss

10. SentinelOne, Inc. (NYSE:S)

Number of Hedge Fund Holders: 37

SentinelOne, Inc. (NYSE:S) is one of the leading artificial intelligence-powered cybersecurity providers. On December 2^nd, Baird raised the firm’s price target on SentinelOne, Inc. (NYSE:S) to $32 from $30 and kept an “Outperform” rating on the shares. The firm expects accelerated net new business growth in the second half of the fiscal year. The optimism comes from strong feedback from channels and partners, and a robust pipeline momentum in its non-endpoint solutions. The company’s non-endpoint solutions use AI to secure cloud, IoT, and other advanced areas, expanding its cybersecurity capabilities. Moreover, the firm has also engaged in partnerships that rely on AI, including those with Lenovo and managed security service providers (MSSPs), which are expected to drive growth, especially in the federal sector. The appointment of an experienced CFO and improving profitability metrics further drive the rating.