Morgan Stanley Maintains Their Buy Rating on Smartsheet Inc (SMAR)


In a report released today, Stan Zlotsky from Morgan Stanley maintained a Buy rating on Smartsheet Inc (NYSE: SMAR), with a price target of $33. The company’s shares closed yesterday at $24.23.

According to TipRanks.com, Zlotsky is a 4-star analyst with an average return of 20.0% and a 68.8% success rate. Zlotsky covers the Technology sector, focusing on stocks such as Coupa Software Inc, Veeva Systems, and Sendgrid Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Smartsheet Inc with a $35.83 average price target.

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The company has a one-year high of $33.98 and a one-year low of $18.06. Currently, Smartsheet Inc has an average volume of 361.4K.

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Smartsheet, Inc. engages in managing and automating collaborative work. Its platform provides solutions that eliminate the obstacles to capturing information, including a familiar and intuitive spreadsheet interface as well as easily customizable forms.

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