Samsara price target raised to $19 from $15 at RBC Capital

RBC Capital raised the firm’s price target on Samsara to $19 from $15 and keeps an Outperform rating on the shares ahead of its Q4 results. The analyst sees a "solid" quarter based on the company’s strong pipeline and a rapid ROI sale that continues to resonate with customers. The firm also "remains positive" on Samsara’s long-term tailwinds around digitizing physical operations.