What 12 Analyst Ratings Have To Say About Smartsheet
Portfolio Pulse from Benzinga Insights
Over the last quarter, Smartsheet (NYSE:SMAR) has received 12 analyst ratings, with 5 being bullish, 4 somewhat bullish, and 3 indifferent. The company's average 12-month price target is $53.25, up 3.82% from the previous average of $51.29. No bearish ratings were observed.
October 12, 2023 | 12:00 pm
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POSITIVE IMPACT
Smartsheet has received mostly bullish analyst ratings over the last quarter, which could positively influence investor sentiment. The increase in the average 12-month price target also suggests potential upside.
Analyst ratings often influence investor sentiment and can impact a stock's price. The majority of the ratings for Smartsheet have been bullish, which could lead to increased investor confidence and potentially drive the stock price up. Additionally, the increase in the average 12-month price target suggests analysts see potential upside for the stock.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100