RBC Capital Reiterates Sector Perform on Smartsheet, Maintains $43 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Rishi Jaluria has reiterated a 'Sector Perform' rating on Smartsheet (NYSE:SMAR) and maintained a price target of $43.

September 21, 2023 | 3:26 pm
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NEUTRAL IMPACT
Smartsheet's stock rating has been reiterated as 'Sector Perform' by RBC Capital, with a maintained price target of $43.
The reiteration of the 'Sector Perform' rating and maintained price target by RBC Capital indicates that the analyst sees the stock performing in line with the expectations. This is neither a positive nor a negative signal, hence the neutral score. The relevance is high as the news directly pertains to Smartsheet. The importance is moderate as analyst ratings can influence investor sentiment but are not the only factor. The confidence is high as the information is clear and direct.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100