Goldman Sachs Maintains Buy on Samsara, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan has maintained a Buy rating on Samsara (NYSE:IOT) and increased the price target from $39 to $44.
March 11, 2024 | 1:24 pm
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Goldman Sachs maintains a Buy rating on Samsara and raises the price target to $44.
The upgrade in the price target by a reputable analyst like Kash Rangan from Goldman Sachs typically signals a strong confidence in the company's future performance. This can lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100