JP Morgan Maintains Neutral on Samsara, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Alexei Gogolev has maintained a Neutral rating on Samsara (NYSE:IOT) and increased the price target from $27 to $30.
December 01, 2023 | 7:28 pm
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POSITIVE IMPACT
Samsara's price target has been raised from $27 to $30 by JP Morgan, while maintaining a Neutral rating.
The increase in price target by a reputable analyst like JP Morgan's Alexei Gogolev could lead to positive investor sentiment in the short term, potentially pushing the stock price up. However, since the rating remains Neutral, the impact may be moderate rather than strong.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100