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Stock impact report

What Does Wall Street Think About Samsara Inc. (IOT)? [Yahoo! Finance]

Samsara Inc. Class A (IOT) 
NASDAQ:AMEX Investor Relations: incomeopp-realty.com
Company Research Source: Yahoo! Finance
and $55 price target by BTIG on December 16, with the firm telling investors that despite scaling to $1.7 billion in annual recurring revenue, the company remained one of the fastest-growing software companies. BTIG considers Samsara Inc. (NYSE:IOT) to be a leader in a highly attractive end-market linked to operational budgets, with it continually gaining market share. With a considerably sized total addressable market, the firm sees efficient and durable growth continuing over the medium term. In addition to BTIG, KeyBanc also initiated coverage of Samsara Inc. (NYSE:IOT) on December 10 with an Overweight rating and a $55 price target. The firm stated that it believes the company's end-to-end platform for operations is in a suitable position for addressing the $45 trillion “physical operations” industry, adding that Samsara Inc. (NYSE:IOT) boasts “multiple avenues” to sustain and pursue premium growth for the long-term. The firm considers the stock's current valuation discount to p Show less Read more
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