Piper Sandler Maintains Neutral on Samsara, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst James Fish maintains a Neutral rating on Samsara (NYSE:IOT) but raises the price target from $36 to $40.
September 06, 2024 | 12:22 pm
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Piper Sandler has maintained a Neutral rating on Samsara but increased the price target from $36 to $40, indicating a positive outlook.
The increase in price target from $36 to $40 suggests a positive outlook for Samsara, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100