Barclays Maintains Equal-Weight on Smartsheet, Raises Price Target to $56.5
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ryan Macwilliams maintains an Equal-Weight rating on Smartsheet (NYSE:SMAR) and raises the price target from $50 to $56.5.
September 25, 2024 | 3:53 pm
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POSITIVE IMPACT
Barclays has maintained its Equal-Weight rating on Smartsheet and increased the price target from $50 to $56.5, indicating a positive outlook.
The increase in price target from $50 to $56.5 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 shows confidence in potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100