UBS Initiates Coverage On Smartsheet with Buy Rating, Announces Price Target of $60
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Taylor McGinnis has initiated coverage on Smartsheet (NYSE:SMAR) with a Buy rating and a price target of $60.
October 12, 2023 | 9:39 am
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UBS has initiated coverage on Smartsheet with a Buy rating and a price target of $60, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. A Buy rating from a reputable institution like UBS indicates a positive outlook for the stock. The price target of $60, if higher than the current price, suggests potential upside, which could attract investors and drive the stock price up.
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