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Fly News Breaks for April 4, 2019
SMAR
Apr 4, 2019 | 07:53 EDT
As previously reported, Oppenheimer analyst Ittai Kidron started coverage of Smartsheet with an Outperform rating and a $50 price target. The analyst believes Smartsheet will benefit from favorable secular trends, can gain share within a large and growing workflow/collaboration TAM, and will continue to successfully execute on its evolving, land-and-expand model, adding new customers/users, driving deeper penetration into existing customers, and sustaining robust net retention.
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