Needham Maintains Buy on Symbotic, Raises Price Target to $36
Portfolio Pulse from richadhand@benzinga.com
Needham analyst James Ricchiuti maintains a Buy rating on Symbotic (NASDAQ:SYM) and raises the price target from $31 to $36.

May 24, 2023 | 10:42 am
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Needham analyst James Ricchiuti maintains a Buy rating on Symbotic (NASDAQ:SYM) and raises the price target from $31 to $36.
The news of Needham maintaining a Buy rating on Symbotic and raising the price target from $31 to $36 is positive for the company. This indicates that the analyst has confidence in the company's growth potential and future performance. As a result, this news is likely to have a positive short-term impact on Symbotic's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100