Smartsheet (SMAR) Falls 3% Despite Better Than Expected Q2 Results

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Smartsheet Inc. (SMAR) PT Raised to $95 at Jefferies

September 8, 2021 7:53 AM EDT

Jefferies analyst Brent Thill raised the price target on Smartsheet Inc. (NYSE: SMAR) to $95.00 (from $85.00) while maintaining a Buy rating.

The analyst commented, "Billings growth of 47% yoy easily cleared 36% yoy cons. although guidance for deceleration & lack of leverage did not eclipse high... More

Smartsheet Inc. (SMAR) PT Raised to $100 at Needham & Company

September 8, 2021 6:19 AM EDT

Needham & Company analyst Scott Berg raised the price target on Smartsheet Inc. (NYSE: SMAR) to $100.00 (from $80.00) while maintaining a Buy rating.

The analyst commented, "Smartsheet reported solid 2Q results with billings growth again over 40% suggesting current demand trends have indeed returned to pre-pandemic... More