Wells Fargo Maintains Overweight on Samsara, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin has maintained an Overweight rating on Samsara (NYSE:IOT) and increased the price target from $42 to $46.
September 06, 2024 | 1:09 pm
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Wells Fargo has reaffirmed its Overweight rating on Samsara and increased the price target to $46, indicating confidence in the company's growth potential.
The increase in price target from $42 to $46 by Wells Fargo suggests a positive outlook on Samsara's future performance. The Overweight rating indicates that the analyst expects the stock to outperform its peers, which could lead to increased investor interest and a potential rise in stock price.
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IMPORTANCE 80
RELEVANCE 100