JP Morgan Maintains Neutral on Samsara, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Alexei Gogolev maintains a Neutral rating on Samsara (NYSE:IOT) but raises the price target from $37 to $40.
September 06, 2024 | 6:05 pm
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POSITIVE IMPACT
JP Morgan has maintained a Neutral rating on Samsara but increased the price target from $37 to $40, indicating a slightly more positive outlook.
The increase in price target from $37 to $40 suggests a more optimistic view on Samsara's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100