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Samsara price target raised to $55 from $53 at BofA

BofA raised the firm’s price target on Samsara (IOT) to $55 from $53 and keeps a Buy rating on the shares. The Internet of Things software vendor reported “robust” Q3 results with “all important key metrics exceeding expectations handily,” says the analyst, who would consider any weakness as “an enhanced buying opportunity.”

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