Goldman Sachs Initiates Coverage of Samsara Inc. (IOT) with a Buy Rating and a $36 Price Target

Group 1 - Samsara Inc. is recognized as one of the 10 Best Consensus Buy-Rated Stocks to Invest in, with a Buy rating initiated by Goldman Sachs and a price target of $36, highlighting it as a defensible growth asset in the software sector [1][7] - RBC Capital has lowered its price target for Samsara to $35 from $46 but maintains an Outperform rating, citing negative investor sentiment towards software and a preference for companies with clearer AI monetization paths [2] - Piper Sandler has also reduced its price target for Samsara to $37 from $49 while keeping an Overweight rating, indicating potential favorable responses to earnings despite current muted sentiment in the software market [3] Group 2 - Samsara provides a platform that integrates IoT devices with cloud-based software, enabling the analysis of physical operations data and incorporating AI, workflows, analytics, alerts, APIs, and data security capabilities [4]