Truist Lowers Samsara (IOT) to $30, Maintains Hold Rating

We recently published an article titled 13 Best Internet of Things (IoT) Stocks to Buy Now. On February 17, Truist lowered its price target on Samsara Inc. (NYSE:IOT) to $30 from $39 while maintaining a Hold rating as part of a broader fourth-quarter preview within the security software space. The firm noted that the broader narrative surrounding artificial intelligence disruption is likely to dominate earnings season, as investors differentiate between companies positioned to benefit from AI and those at ...