Morgan Stanley Lifts PT on Samsara (IOT) to $53 From $50, Keeps an Equal Weight Rating

Samsara Inc. (NYSE:IOT) is one of the best growth stocks under $50 to buy now. On September 8, Morgan Stanley raised the firm’s price target on Samsara Inc. (NYSE:IOT) to $53 from $50, keeping an Equal Weight rating on the shares. Why Samsara Inc. (IOT) Crashed On Friday The firm told investors that net new ARR rose by 19% year-over-year in Q2 in constant currency, rising meaningfully from 7% in Q1. It, however, added that the sustainability of this growth will be “the main question going forward.” Sams ...