Canaccord Genuity Maintains Buy on Smartsheet, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained its Buy rating on Smartsheet and increased the price target from $52 to $60, indicating a positive outlook for the company's stock.
September 06, 2024 | 4:20 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Canaccord Genuity has maintained its Buy rating on Smartsheet and increased the price target from $52 to $60, suggesting a positive outlook for the stock.
The analyst's decision to maintain a Buy rating and raise the price target indicates confidence in Smartsheet's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100