Smartsheet (SMAR) Tops Q4 EPS by 7c, Revenues Beat; FY20 EPS Guidance Below Consensus, FY20 Revenue Guidance Above Estimates

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Smartsheet Inc. (SMAR) PT Raised to $53 at RBC Capital

March 20, 2019 6:41 AM EDT

RBC Capital analyst Ross MacMillan raised the price target on Smartsheet Inc. (NYSE: SMAR) to $53.00 (from $50.00) while maintaining a Outperform rating.

strong F4Q19 results with billings growing +63% Y/Y off a tough comphighest ever dollar retention rate at 134% and positive CFFO/ FCF... More

Smartsheet Inc. (SMAR) PT Raised to $50 at RBC Capital Into Q4 Results

March 18, 2019 6:36 AM EDT

RBC Capital analyst Ross MacMillan raised the price target on Smartsheet Inc. (NYSE: SMAR) to $50.00 (from $34.00) while maintaining a Outperform rating ahead of Q4 results.

bullish on expected sustained high rates of growth, positive revisions to forward consensus estimates and improving cash flow. intra- quarter checks were positive... More