Truist Securities Maintains Buy on Smartsheet, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Smartsheet and increased the price target from $55 to $60, indicating confidence in the company's future performance.
September 06, 2024 | 2:53 pm
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Truist Securities has reaffirmed its Buy rating on Smartsheet and increased the price target from $55 to $60, suggesting a positive outlook for the company's stock.
The increase in price target from $55 to $60 by Truist Securities, along with the maintained Buy rating, indicates a positive sentiment towards Smartsheet's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100