Piper Sandler Maintains Neutral on Samsara, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst James Fish maintains a Neutral rating on Samsara (NYSE:IOT) and raises the price target from $33 to $41.

March 08, 2024 | 12:59 pm
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Piper Sandler analyst James Fish maintains a Neutral rating on Samsara and raises the price target from $33 to $41.
The increase in price target from $33 to $41 by a reputable analyst suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, which might temper expectations for significant price movement.
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