Citigroup Maintains Buy on Symbotic, Raises Price Target to $52
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Itay Michaeli has maintained a 'Buy' rating on Symbotic (NASDAQ:SYM) and raised the price target from $32 to $52.
July 11, 2023 | 2:57 pm
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Citigroup has maintained a 'Buy' rating on Symbotic and raised the price target from $32 to $52, which could lead to an increase in the stock's price.
The raised price target by Citigroup indicates a positive outlook for Symbotic. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100