Cantor Fitzgerald Downgrades SmartRent to Neutral, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has downgraded SmartRent (NYSE:SMRT) from Overweight to Neutral and lowered the price target from $4 to $2.
August 08, 2024 | 3:26 pm
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NEGATIVE IMPACT
Cantor Fitzgerald downgraded SmartRent from Overweight to Neutral and reduced the price target from $4 to $2.
The downgrade from Overweight to Neutral and the significant reduction in the price target from $4 to $2 by Cantor Fitzgerald is likely to negatively impact investor sentiment and short-term stock price performance for SmartRent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100