Citigroup Maintains Buy on Symbotic, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Itay Michaeli has maintained a 'Buy' rating on Symbotic (NASDAQ:SYM) and raised the price target from $52 to $70.
August 04, 2023 | 10:59 am
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Citigroup has maintained a 'Buy' rating on Symbotic and raised the price target from $52 to $70, which could lead to an increase in the stock's price.
The 'Buy' rating maintained by Citigroup indicates a positive outlook for Symbotic. The increase in the price target from $52 to $70 suggests that the analyst believes the stock has significant upside potential, which could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100