Other analysts have also recently issued research reports about the stock. Robert W. Baird lifted their price objective on shares of Symbotic from $18.00 to $20.00 and gave the stock an outperform rating in a research note on Tuesday. William Blair began coverage on shares of Symbotic in a research note on Friday, July 15th. They issued an outperform rating for the company. The Goldman Sachs Group began coverage on shares of Symbotic in a research note on Monday, July 25th. They issued a neutral rating and a $19.00 price objective for the company. Cantor Fitzgerald began coverage on shares of Symbotic in a research note on Wednesday, July 20th. They issued an overweight rating and a $24.00 price objective for the company. Finally, Cowen started coverage on shares of Symbotic in a research note on Tuesday, June 21st. They issued an outperform rating and a $18.00 price objective for the company. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Symbotic currently has an average rating of Moderate Buy and a consensus price target of $20.00.
Symbotic Price Performance
NASDAQ SYM opened at $16.65 on Tuesday. Symbotic has a 52-week low of $9.01 and a 52-week high of $28.48.
Symbotic Company Profile
Symbotic Inc, an automation technology company, provides robotics and technology to improve efficiency for retailers and wholesalers in the United States. It offers The Symbotic System, a full-service warehouse automation system that reduces costs, improves efficiency, and maximizes inventory. The company is based in Wilmington, Massachusetts.
- Get a free copy of the StockNews.com research report on Symbotic (SYM)
- 3 Health Care Stocks in Great Financial Health
- Amazon Names Itself A Top Stock Of Q3 Contender
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Pinterest Shares Are Soaring After Earnings, Is The Stock A Buy?
- Market Fundamentals Drive Results For The Williams Companies
Want More Great Investing Ideas?
- Bear Market Game Plan!
- The 10 Best Stocks to Own in 2022
- 7 Stocks to Buy and Hold Forever
- 3 Stocks to DOUBLE This Year
Receive News & Ratings for Symbotic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Symbotic and related companies with MarketBeat.com's FREE daily email newsletter.