Wolfe Research analyst Alex Zukin downgraded Smartsheet (SMAR) to Peer Perform from Outperform without a price target after Blackstone (BX) and Vista Equity Partners agreed to acquire the company in an all-cash transaction that values Smartsheet at $56.50 per share.
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Read More on SMAR:
- Smartsheet downgraded to Hold from Buy at Truist
- Monday.com price target raised to $300 from $250 at DA Davidson
- Smartsheet price target raised to $56.50 from $51 at RBC Capital
- Monday.com price target raised to $310 from $285 at Loop Capital
- Smartsheet price target raised to $56.50 from $50 at Barclays