BMO Capital Maintains Outperform on Smartsheet, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains an Outperform rating on Smartsheet (NYSE:SMAR) and raises the price target from $48 to $59.
September 06, 2024 | 11:53 am
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BMO Capital has increased its price target for Smartsheet from $48 to $59 while maintaining an Outperform rating, indicating positive expectations for the company's stock performance.
The increase in price target from $48 to $59 by BMO Capital suggests a positive outlook on Smartsheet's future performance. Maintaining an Outperform rating indicates confidence in the company's growth potential, likely leading to a positive short-term impact on the stock price.
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