Canaccord Genuity Maintains Buy on Smartsheet, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst David Hynes maintains a 'Buy' rating on Smartsheet (NYSE:SMAR) and raises the price target from $50 to $53.
September 08, 2023 | 3:42 pm
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POSITIVE IMPACT
Canaccord Genuity maintains a 'Buy' rating on Smartsheet and raises the price target from $50 to $53, which could positively impact the stock's price.
The raised price target by Canaccord Genuity indicates a positive outlook for Smartsheet. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100