TD Cowen Maintains Outperform on Symbotic, Raises Price Target to $55
Portfolio Pulse from jenniferd'souza@benzinga.com
TD Cowen analyst Joseph Giordano maintains an Outperform rating on Symbotic (NASDAQ:SYM) and raises the price target from $33 to $55.
August 07, 2023 | 2:49 pm
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POSITIVE IMPACT
TD Cowen analyst Joseph Giordano maintains an Outperform rating on Symbotic and raises the price target from $33 to $55. This could potentially lead to an increase in the stock's price.
The raised price target by TD Cowen analyst indicates a positive outlook for Symbotic. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100