SmartRent (NYSE:SMRT) Raised to Overweight at Cantor Fitzgerald

SmartRent (NYSE:SMRTGet Rating) was upgraded by investment analysts at Cantor Fitzgerald from a “neutral” rating to an “overweight” rating in a research note issued to investors on Thursday, Zacks.com reports.

Separately, DA Davidson began coverage on SmartRent in a research report on Friday, January 21st. They issued a “buy” rating and a $14.00 price objective on the stock.

NYSE:SMRT opened at 4.71 on Thursday. SmartRent has a 1 year low of 3.55 and a 1 year high of 15.14. The stock’s 50 day simple moving average is 5.34 and its two-hundred day simple moving average is 7.97.

SmartRent (NYSE:SMRTGet Rating) last released its earnings results on Thursday, March 24th. The company reported -0.13 earnings per share for the quarter, missing the consensus estimate of -0.09 by -0.04. The firm had revenue of 34.67 million during the quarter.

SmartRent Company Profile (Get Rating)

SmartRent, Inc, an enterprise software company, provides an integrated smart home operating system to residential property owners and operators, homebuilders, institutional home buyers, developers, and residents in the United States. The company’s products and solutions include smart apartments and homes, access control for buildings, common areas, and rental units, asset protection and monitoring, parking management, self-guided tours, and community and resident Wi-Fi.

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