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Samsara upgraded to Buy at Craig-Hallum on ‘rapid growth trajectory’

As previously reported, Craig-Hallum upgraded Samsara (IOT) to Buy from Hold with a price target of $48, up from $42, stating that the “tariff pause” is now behind the company and the international business is now growing faster than the U.S. Samsara added the third highest new customer adds in the quarter and has over 350 partner integrations, notes the analyst, who continues to like the company’s long-term prospects as they “continue on their rapid growth trajectory.”

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