Loop Capital Maintains Buy on Samsara, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Buy rating on Samsara (NYSE:IOT) and raised its price target from $42 to $46, indicating confidence in the company's future performance.
September 06, 2024 | 5:21 pm
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Loop Capital has increased its price target for Samsara from $42 to $46, maintaining a Buy rating. This suggests a positive outlook for Samsara's stock performance.
The increase in price target from $42 to $46 by Loop Capital, along with the maintained Buy rating, indicates a strong positive sentiment towards Samsara's future performance. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100