BMO Capital Maintains Market Perform on Samsara, Raises Price Target to $23
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Daniel Jester maintains a Market Perform rating on Samsara (NYSE:IOT) and raises the price target from $19 to $23.
June 02, 2023 | 12:41 pm
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BMO Capital raises Samsara's (NYSE:IOT) price target from $19 to $23, maintaining a Market Perform rating.
The price target increase for Samsara (NYSE:IOT) by BMO Capital indicates a positive outlook for the stock. The Market Perform rating suggests that the stock is expected to perform in line with the market. This news is likely to have a positive short-term impact on the stock price as it reflects an increased valuation by the analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100