Wells Fargo Maintains Overweight on Samsara, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin has maintained an Overweight rating on Samsara (NYSE:IOT) and increased the price target from $32 to $34.
December 01, 2023 | 1:28 pm
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Wells Fargo analyst Michael Turrin has raised the price target for Samsara from $32 to $34 while maintaining an Overweight rating.
The increase in price target by a reputable analyst typically suggests a positive outlook on the stock, indicating an expectation of outperformance. This can lead to increased investor confidence and potential short-term price appreciation.
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