TD Cowen Maintains Buy on Samsara, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst J. Derrick Wood has maintained a Buy rating on Samsara (NYSE:IOT) and raised the price target from $46 to $56.
October 11, 2024 | 5:23 pm
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TD Cowen has reaffirmed its Buy rating on Samsara and increased the price target from $46 to $56, indicating a positive outlook on the stock.
The reaffirmation of a Buy rating and an increase in the price target from $46 to $56 by TD Cowen suggests a positive sentiment towards Samsara's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100