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SentinelOne climbs as higher client spending prompts upbeat forecast



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** Shares of cybersecurity firm SentinelOne S.N up nearly 2% at $25.21 in premarket trading

** Co raised FY rev forecast, anticipating fresh demand for its cybersecurity products

** New rev forecast stands at $815 mln, from range of $808 mln-$815 mln, beating estimates- LSEG data

** Co's Q2 results also topped expectations

** Firm has gained market share at the expense of CrowdStrike CRWD.O following the July 19 outage, say analysts

** CRWD's shares flat ahead of quarterly results, due after market close

** Out of 33 brokerages tracking S stock, 21 rate "buy" or higher and 12 "hold"; median PT at $28.5

** As of last close, stock down nearly 10% YTD vs ~6% gain in rival CRWD



Reporting by Ankika Biswas in Bengaluru

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