Truist Securities Maintains Hold on Samsara, Raises Price Target to $27
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Joel Fishbein maintains a Hold rating on Samsara (NYSE:IOT) and raises the price target from $20 to $27.

June 23, 2023 | 3:48 pm
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NEUTRAL IMPACT
Truist Securities maintains a Hold rating on Samsara (NYSE:IOT) and raises the price target from $20 to $27.
The news of Truist Securities maintaining a Hold rating on Samsara and raising the price target from $20 to $27 indicates that the analyst sees potential upside in the stock. However, the Hold rating suggests that the analyst does not expect significant short-term price movement. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100