RBC Capital Reiterates Outperform on Samsara, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg reiterated an Outperform rating on Samsara (NYSE:IOT) and raised the price target from $24 to $27.

June 02, 2023 | 2:36 pm
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RBC Capital analyst Matthew Hedberg reiterated an Outperform rating on Samsara (NYSE:IOT) and raised the price target from $24 to $27.
The news of RBC Capital reiterating an Outperform rating and raising the price target for Samsara (NYSE:IOT) from $24 to $27 is positive for the stock. This indicates that the analyst has a bullish outlook on the company's performance and expects the stock price to rise in the short term. The news is directly related to the company and is important for investors, as it can influence their investment decisions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100