BMO Capital Maintains Market Perform on Samsara, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Daniel Jester has maintained a Market Perform rating on Samsara (NYSE:IOT) and increased the price target from $28 to $32.
December 01, 2023 | 3:28 pm
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BMO Capital has maintained a Market Perform rating on Samsara and raised the price target from $28 to $32.
The increase in price target by BMO Capital suggests a positive outlook on Samsara's stock value in the short term. As price targets often influence investor sentiment and can lead to price movements, this adjustment is likely to be viewed favorably by the market, potentially leading to a short-term increase in the stock price.
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IMPORTANCE 75
RELEVANCE 100