Barclays Maintains Equal-Weight on Smartsheet, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ryan Macwilliams maintains an Equal-Weight rating on Smartsheet (NYSE:SMAR) and raises the price target from $45 to $50.
September 06, 2024 | 1:22 pm
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Barclays has maintained its Equal-Weight rating on Smartsheet and increased the price target from $45 to $50, indicating a positive outlook.
The increase in price target from $45 to $50 by Barclays suggests a positive outlook for Smartsheet, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100