Goldman Sachs raised the firm’s price target on Samsara (IOT) to $41 from $36 and keeps a Buy rating on the shares. Samsara captures proprietary data at the source and turns it into action inside customer workflows, which creates a durable foundation for AI innovation and supports its positioning as an AI beneficiary rather than a disintermediation candidate, the analyst tells investors in a research note.
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Read More on IOT:
- Samsara: Strong FY Results, Accelerating ARR, and Conservative Long-Term Outlook Underpin Buy Rating
- Samsara price target raised to $39 from $37 at Piper Sandler
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