Smartsheet Stock Headed for Best Day Ever
SmartsheetSmartsheet(US:SMAR) Schaeffers Investment Research·2024-06-06 14:53

Shares of Smartsheet Inc (NYSE:SMAR) are soaring today, up 18.7% at $44.85 at last look, following the software name's better-than-expected first-quarter results. No fewer than 11 analysts raised their price targets after the event, while Needham reaffirmed its "buy" rating. Should SMAR remain above a 17.8% gain today, it will beat out its March 15, 2023 win for its largest singleday percentage gain ever. Jumping above the 320-day moving average, which rejected the stock's May rally, the stock is trading at ...