William Blair Downgrades Symbotic to Market Perform
Portfolio Pulse from richadhand@benzinga.com
William Blair analyst Ross Sparenblek has downgraded Symbotic (NASDAQ:SYM) from Outperform to Market Perform.
August 01, 2023 | 12:03 pm
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Symbotic's stock rating has been downgraded from Outperform to Market Perform by William Blair analyst Ross Sparenblek.
The downgrade of Symbotic's stock rating by a William Blair analyst could potentially lead to a decrease in the stock's price in the short term. Investors often react to such downgrades by selling their shares, which can put downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100