Goldman Sachs Maintains Neutral on Symbotic, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mark Delaney maintains a Neutral rating on Symbotic (NASDAQ:SYM) and raises the price target from $32 to $53.

August 04, 2023 | 11:08 am
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Goldman Sachs maintains a Neutral rating on Symbotic and raises the price target from $32 to $53.
The news is directly about Symbotic (SYM). Goldman Sachs, a major financial institution, has maintained a Neutral rating on the company, indicating no expected significant price movement. However, the raised price target from $32 to $53 suggests a positive outlook in the longer term. This could potentially attract investors, but the short-term impact is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100