RBC Capital Maintains Outperform on Samsara, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has maintained an 'Outperform' rating on Samsara (NYSE:IOT) and raised the price target from $47 to $49.
September 06, 2024 | 12:51 pm
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RBC Capital has reaffirmed its 'Outperform' rating on Samsara and increased the price target to $49, indicating confidence in the company's future performance.
The increase in price target from $47 to $49 by RBC Capital suggests a positive outlook on Samsara's future performance. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which is likely to have a positive impact on the stock price in the short term.
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