Piper Sandler raised the firm’s price target on Samsara (IOT) to $48 from $47 and keeps an Overweight rating on the shares. The firm notes shares were up over 5% after hours given the NNARR re-acceleration more than bulls’ expectations, move upmarket with +$1M ARR accelerating, and raise to FY26 guide that reflected Piper “TTT” findings of +2% topline and FCFM raises.
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