Goldman Sachs Maintains Neutral on Symbotic, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mark Delaney has maintained a Neutral rating on Symbotic (NASDAQ:SYM) and increased the price target from $36 to $40.
November 21, 2023 | 12:59 pm
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Goldman Sachs has maintained a Neutral rating on Symbotic but raised the price target from $36 to $40, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Goldman Sachs suggests a positive reassessment of Symbotic's value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100