RBC Capital Maintains Outperform on Samsara, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has maintained an Outperform rating on Samsara (NYSE:IOT) and increased the price target from $34 to $35.

December 01, 2023 | 5:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Samsara and raises the price target from $34 to $35.
The increase in price target by a reputable analyst typically signals a positive outlook on the stock, suggesting potential for short-term price appreciation. As the rating is maintained at Outperform and the target is raised, it indicates a belief in the company's continued strong performance or potential undervaluation at the previous target price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100