Morgan Stanley Maintains Equal-Weight on Samsara, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss maintains an Equal-Weight rating on Samsara (NYSE:IOT) and raises the price target from $19 to $23.
June 02, 2023 | 12:02 pm
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Morgan Stanley maintains an Equal-Weight rating on Samsara (NYSE:IOT) and raises the price target from $19 to $23.
The news of Morgan Stanley maintaining an Equal-Weight rating on Samsara and raising the price target from $19 to $23 indicates that the analyst sees potential in the stock but is not overly bullish. This may not have a significant short-term impact on the stock price, as the rating remains unchanged. However, the increased price target may generate some positive sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100