Analysts Have Conflicting Sentiments on These Technology Companies: Samsara (IOT) and Ciena (CIEN)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Samsara (IOT – Research Report) and Ciena (CIEN – Research Report).
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Samsara (IOT)
In a report released today, Matt Bullock from Bank of America Securities reiterated a Buy rating on Samsara, with a price target of $47.00. The company’s shares closed last Thursday at $29.58, close to its 52-week low of $27.14.
According to TipRanks.com, Bullock is ranked 0 out of 5 stars with an average return of
Currently, the analyst consensus on Samsara is a Strong Buy with an average price target of $39.98, a 37.6% upside from current levels. In a report released today, TipRanks – OpenAI also upgraded the stock to Buy with a $33.00 price target.
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Ciena (CIEN)
UBS analyst David Vogt reiterated a Hold rating on Ciena yesterday and set a price target of $285.00. The company’s shares closed last Thursday at $299.30.
According to TipRanks.com, Vogt is a 4-star analyst with an average return of
Currently, the analyst consensus on Ciena is a Moderate Buy with an average price target of $314.21, a 0.7% upside from current levels. In a report issued on February 19, Evercore ISI also maintained a Hold rating on the stock with a $330.00 price target.
