Expert Ratings For Smartsheet
Portfolio Pulse from Benzinga Insights
Analysts have shown increased optimism towards Smartsheet (NYSE:SMAR) with several raising their price targets and ratings. The average 12-month price target has risen to $57.21, indicating a positive outlook. Despite financial challenges like low net margin and ROE, Smartsheet's revenue growth is strong.
September 06, 2024 | 8:02 pm
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Analysts have become more bullish on Smartsheet, raising price targets and ratings. The average price target increased to $57.21, reflecting a positive sentiment. Despite financial challenges, strong revenue growth supports this optimism.
The article highlights a shift in analyst sentiment towards Smartsheet, with multiple analysts raising their price targets and ratings. The average price target has increased, indicating a positive outlook. This is supported by Smartsheet's strong revenue growth, despite challenges in profitability and returns. The combination of raised targets and positive revenue trends suggests a likely short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100