Morgan Stanley Maintains Overweight on Smartsheet, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Baer maintains an Overweight rating on Smartsheet and raises the price target from $53 to $55.
August 20, 2024 | 1:33 pm
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Morgan Stanley's analyst Josh Baer has maintained an Overweight rating on Smartsheet and increased the price target from $53 to $55, indicating a positive outlook.
The increase in price target from $53 to $55 by a reputable analyst at Morgan Stanley suggests a positive outlook for Smartsheet, likely leading to a short-term increase in stock price as investors react to the updated target.
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