Morgan Stanley Maintains Equal-Weight on Samsara, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss has maintained an Equal-Weight rating on Samsara (NYSE:IOT) and increased the price target from $25 to $31.
December 01, 2023 | 2:26 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Samsara and raised the price target from $25 to $31, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Keith Weiss from Morgan Stanley suggests a positive reassessment of Samsara's value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100