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.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IOT:
- Samsara upgraded to Buy from Hold at Craig-Hallum
- Samsara price target raised to $48 from $47 at Piper Sandler
- Samsara’s Strong Performance and Growth Potential: Buy Rating Reaffirmed by Matt Bullock
- Closing Bell Movers: Broadcom up 4%, Lululemon slips 15% after earnings
- Samsara up 6% at $38.12 after Q2 earnings beat, guidance raise