Analysts have been eager to weigh in on the Technology sector with new ratings on Samsara (IOT – Research Report) and Archer Aviation (ACHR – Research Report).
Samsara (IOT)
Piper Sandler analyst James Fish reiterated a Hold rating on Samsara today and set a price target of $28.00. The company’s shares closed last Friday at $24.00.
According to TipRanks.com, Fish is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Samsara with a $29.73 average price target.
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Archer Aviation (ACHR)
Benchmark Co. analyst Josh Sullivan maintained a Buy rating on Archer Aviation today and set a price target of $12.00. The company’s shares closed last Friday at $4.97.
According to TipRanks.com, Sullivan is a 5-star analyst with an average return of
Archer Aviation has an analyst consensus of Strong Buy, with a price target consensus of $9.40, which is an 84.0% upside from current levels. In a report issued on November 10, Canaccord Genuity also maintained a Buy rating on the stock with a $9.00 price target.
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Read More on IOT:
- Alphabet downgraded, Gap upgraded: Wall Street’s top analyst calls
- Samsara initiated with an Outperform at FBN Securities
- Samsara Chairman Biswas and director Bicket sell over $2M each in shares
- Samsara falls 5% to $23.98 after Strong Sell call from Spruce Point Management
- Spruce Point issues Strong Sell opinion on Samsara, sees 45%-75% downside risk
