Barclays raised the firm’s price target on Smartsheet to $56.50 from $50 and keeps an Equal Weight rating on the shares after Blackstone and Vista Equity Partners agreed to acquire Smartsheet at $56.50 per share in an all-cash deal. The firm views the deal as a “strong outcome to the Smartsheet story.”
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Read More on SMAR:
- Smartsheet downgraded to Hold from Buy at Canaccord
- Smartsheet downgraded to Market Perform from Outperform at BMO Capital
- Smartsheet downgraded to Market Perform from Outperform at William Blair
- Smartsheet downgraded to Neutral from Buy at DA Davidson
- Smartsheet downgraded to Hold from Buy at Jefferies
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