Canaccord Genuity Maintains Buy on Smartsheet, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst David Hynes has reaffirmed a Buy rating on Smartsheet (NYSE:SMAR) and increased the price target from $53 to $55.
December 08, 2023 | 3:28 pm
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Canaccord Genuity analyst David Hynes maintains a Buy rating on Smartsheet and raises the price target from $53 to $55, indicating a positive outlook on the stock.
The increase in price target by Canaccord Genuity suggests a positive sentiment towards Smartsheet's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100