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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Read More on IOT:
- Samsara price target raised to $50 from $47 at BMO Capital
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- Samsara’s Strong Financial Performance and Growth Potential Justifies Buy Rating
- Samsara’s Strong Growth and Robust Performance: A Buy Rating by Dylan Becker
- Samsara price target raised to $52 from $50 at Wells Fargo
