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Samsara Inc (IOT) PT Raised to $64 at BofA Securities

December 2, 2024 5:21 AM EST

BofA Securities analyst Matt Bulllock raised the price target on Samsara Inc (NYSE: IOT) to $64.00 (from $54.00) while maintaining a Buy rating.

The analyst comments "Leading fleet-focused software provider Samsara (IOT) is +60% YTD and not inexpensive at 16x EV/CY26E Rev a 33%... More