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Samsara price target raised to $49 from $48 at Piper Sandler

Piper Sandler analyst James Fish raised the firm’s price target on Samsara (IOT) to $49 from $48 and keeps an Overweight rating on the shares following quarterly results. The firm notes Samsara had a stronger quarter than anticipated, and is seeing strong traction with newer products and a move upmarket.

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