The initiation of coverage by Keybanc with a Sector Weight rating suggests that the analyst views Smartsheet's stock as neither undervalued nor overvalued at the current price levels. This neutral stance is likely to have a moderate impact on investor sentiment, as it neither encourages buying nor selling aggressively. The importance is rated at 70, considering that analyst ratings can influence market perception, but the neutral rating does not provide a strong directional cue. The confidence level is at 90, based on the clear stance provided by the analyst.