Tenable (TENB) strong small-cap nearing a big weekly breakout above $55 with room to run to $75.  TENB shares traded in a multi-year range around the $35 level before breaking out in late 2020 and now setting up well for another leg higher. The $5.5B company has seen calls active this week including trading 24X average on 12/22 with the main focus on the January $60 calls up to $1.20. Shares trade 10.6X EV/sales and 8.75X cash with mid-20% growth in FY20, FY21 and FY22. TENB provides cyber security solutions including Tenable.io, a cloud-delivered software as a service; and Tenable.sc, an on-premises solution. Their primary focus is on threat detection and mitigation, asset tracking, vulnerability management, and configuration control capabilities to protect OT environments, including industrial networks. TENB hosted an Analyst Day in mid-December where they outlined plans to widen their lead in the global vulnerability market especially as the use of tech gains more traction in a modern infrastructure. Barclays raising their PT on 12/16 noting that the main takeaway from the company’s investor event is that revenue growth should be at least 20% each year through fiscal 2025 to ultimately reach $1.1B. Canaccord thinks TENB is increasingly well positioned for 20%+ long-term growth given its defensible leadership in VM and expansion into a full featured risk exposure platform.