Evercore ISI Group Maintains In-Line on Samsara, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Kirk Materne maintains an In-Line rating on Samsara (NYSE:IOT) and raises the price target from $33 to $41.
March 08, 2024 | 3:19 pm
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Evercore ISI Group maintains an In-Line 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 group like Evercore ISI indicates a positive outlook on Samsara's stock. This adjustment suggests that the analyst sees more value in the company than previously estimated, which could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100