Samsara shares are trading lower possibly amid weakness in overall tech stocks. FBN Securities initiated coverage on the stock with an Outperform rating and announced a $30 price target.
Portfolio Pulse from Benzinga Newsdesk
Samsara shares are trading lower possibly due to weakness in overall tech stocks. FBN Securities initiated coverage on the stock with an Outperform rating and a $30 price target.
October 25, 2023 | 7:08 pm
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Samsara, represented by the symbol IOT, is experiencing a dip in share prices possibly due to overall tech stock weakness. FBN Securities has initiated coverage with an Outperform rating and a $30 price target.
The overall weakness in tech stocks is likely causing a dip in Samsara's share prices. However, the Outperform rating and $30 price target from FBN Securities could potentially boost investor confidence in the future.
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IMPORTANCE 80
RELEVANCE 100