01:02 PM EDT, 06/06/2024 (MT Newswires) -- Smartsheet ( SMAR ) shares rose more than 16% in recent Thursday trading after analysts raised their price targets following the company's forecast-beating Q1 results on Wednesday.

RBC, Canaccord Genuity, Morgan Stanley, UBS, BMO Capital, and Barclays lifted their price targets on the company's stock.

Trading volume stood at 4.6 million shares against a daily average of about 1.7 million shares.

Price: 44.00, Change: +6.22, Percent Change: +16.46