Needham Downgrades Smartsheet to Hold
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg has downgraded Smartsheet (NYSE:SMAR) from Buy to Hold, indicating a more cautious outlook on the stock.

September 24, 2024 | 9:20 pm
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Needham analyst Scott Berg downgraded Smartsheet from Buy to Hold, suggesting a more cautious stance on the stock.
The downgrade from Buy to Hold by a reputable analyst like Scott Berg can lead to a negative short-term impact on Smartsheet's stock price as it reflects a less optimistic view on the company's performance or valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100