TD Cowen Maintains Buy on Samsara, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst J. Derrick Wood maintains a Buy rating on Samsara (NYSE:IOT) and raises the price target from $45 to $46.
September 06, 2024 | 3:06 pm
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POSITIVE IMPACT
TD Cowen analyst J. Derrick Wood has reiterated a Buy rating for Samsara and increased the price target from $45 to $46, indicating a positive outlook.
The reaffirmation of a Buy rating and a slight increase in the price target by a reputable analyst suggests confidence in Samsara's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100