Morgan Stanley analyst Keith Weiss lowered the firm’s price target on Samsara (IOT) to $50 from $56 and keeps an Equal Weight rating on the shares. The firm is adjusting risk/rewards for a large number of software companies as it analyzes tariff risk uncertainty and what has already been priced into shares.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IOT:
- Samsara price target lowered to $44 from $50 at Piper Sandler
- Samsara Announces Retirement of Chief Accounting Officer
- ‘Multi-Day Relief Rally Could Be Ahead’: BMO Recommends 2 Stocks to Buy Ahead of Potential Rebound
- Samsara, Airbnb, CME, Sherwin-Williams, KeyCorp: Trending by Analysts
- Samsara, Inc. Reports Strong Q4 Earnings Growth