As we head into the final stretch of the trading session, these are today’s top stock gainers:
Some notable catalysts for today’s movers include the following:
- U.S. Steel ($X) is up in today’s trading as it tries to recover from the selloff it saw earlier this week, which was caused by the Biden administration’s announcement to block its merger with Nippon ($JP:5401).
- Smartsheet ($SMAR) gained amid news that a consortium led by Vista and Blackstone is considering acquiring the company.
- Samsara ($IOT) and Guidewire ($GWRE) reported strong earnings results.
For the full list of top gainers, as well as the lists of Top Losers and Most Active stocks, click here.
Is IOT Stock a Buy?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on IOT stock based on seven Buys, five Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. After a 41% rally in its share price over the past year, the average IOT price target of $42.10 per share implies 3.46% downside risk.
