Wolfe Research Downgrades Smartsheet to Peer Perform
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research has downgraded Smartsheet (NYSE:SMAR) from Outperform to Peer Perform, indicating a less optimistic outlook on the company's stock performance.
September 25, 2024 | 5:15 pm
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Wolfe Research analyst Alex Zukin has downgraded Smartsheet from Outperform to Peer Perform, suggesting a neutral stance on the stock's potential performance.
The downgrade from Outperform to Peer Perform by Wolfe Research indicates a shift from a positive to a neutral outlook on Smartsheet's stock. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations based on the analyst's revised view.
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