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Analysts Have Conflicting Sentiments on These Technology Companies: Samsara (IOT) and DocuSign (DOCU)

Analysts have been eager to weigh in on the Technology sector with new ratings on Samsara (IOTResearch Report) and DocuSign (DOCUResearch Report).

Samsara (IOT)

William Blair analyst Matthew Pfau maintained a Buy rating on Samsara today. The company’s shares closed last Thursday at $34.36, close to its 52-week high of $36.91.

According to TipRanks.com, Pfau is a 4-star analyst with an average return of 4.1% and a 50.8% success rate. Pfau covers the Technology sector, focusing on stocks such as The Descartes Systems Group, Aspen Technology, Inc., and BigCommerce Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Samsara with a $40.50 average price target, which is a 19.1% upside from current levels. In a report issued on February 26, RBC Capital also maintained a Buy rating on the stock with a $40.00 price target.

See today’s best-performing stocks on TipRanks >>

DocuSign (DOCU)

William Blair analyst Jake Roberge maintained a Hold rating on DocuSign today. The company’s shares closed last Thursday at $53.56.

According to TipRanks.com, Roberge is a 1-star analyst with an average return of -1.2% and a 41.3% success rate. Roberge covers the Technology sector, focusing on stocks such as Upland Software, Mitek Systems, and Jamf Holding.

The word on The Street in general, suggests a Hold analyst consensus rating for DocuSign with a $62.91 average price target, a 18.9% upside from current levels. In a report released today, RBC Capital also maintained a Hold rating on the stock with a $59.00 price target.

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