Samsara price target raised to $42 from $40 at Evercore ISI

Evercore ISI raised the firm’s price target on Samsara to $42 from $40 and keeps an In Line rating on the shares after Samsara delivered what the firm says was “another impressive quarter.” The firm’s estimates are moving higher across the board and it raised its target to account for higher estimates and the continued momentum in the business, telling investors that “only valuation keeps us on the sidelines at this point.”