Analyst Expectations for Symbotic's Future
Portfolio Pulse from Benzinga Insights
Symbotic (NASDAQ:SYM) has received 18 analyst ratings in the last quarter, with the majority being bullish. The average price target is $36.17, which is lower than the current price of $39.0525, implying a downside. This average has increased by 31.81% from the previous average price target of $27.44.
July 25, 2023 | 4:00 pm
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NEGATIVE IMPACT
Analysts are mostly bullish on Symbotic, but the average price target is lower than the current price, suggesting a potential downside.
The majority of analysts are bullish on Symbotic, which is generally a positive sign. However, the average price target is lower than the current price, suggesting that the stock may be overvalued and could experience a price drop in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100