Baird analyst Robert Mason raised the firm’s price target on Symbotic to $28 from $24 and keeps an Outperform rating on the shares. The analyst noted the company continues moving aggressively toward scaling the business, leveraging outsource partners to enable internal focus to remain on automation innovation.
Published first on TheFly
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Read More on SYM:
- Symbotic price target raised to $31 from $22 at Deutsche Bank
- Symbotic price target raised to $30 from $20 at Northland
- Symbotic price target raised to $31 from $25 at Needham
- Symbotic price target raised to $35 from $23 at Raymond James
- Symbotic reports Q2 EPS (10c), consensus (3c)
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