SmartSheet Reaches Analyst Target Price
February 11, 2019 at 08:09 AM EST
In recent trading, shares of SmartSheet Inc (SMAR) have crossed above the average analyst 12-month target price of $35.33, changing hands for $35.51/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..