BTIG Downgrades SmartRent to Neutral
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Soham Bhonsle has downgraded SmartRent (NYSE:SMRT) from Buy to Neutral.
August 02, 2024 | 9:33 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
BTIG analyst Soham Bhonsle has downgraded SmartRent from Buy to Neutral, indicating a less optimistic outlook on the stock.
The downgrade from Buy to Neutral by a reputable analyst like BTIG's Soham Bhonsle suggests a less favorable view on SmartRent's near-term performance, which could lead to a decline in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100