Cantor Fitzgerald Reiterates Overweight on Symbotic, Maintains $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Derek Soderberg has reiterated an Overweight rating on Symbotic (NASDAQ:SYM) and maintained a $60 price target on the stock.
February 06, 2024 | 2:27 pm
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Cantor Fitzgerald reaffirms an Overweight rating on Symbotic with a $60 price target.
The reiteration of an Overweight rating and maintenance of a $60 price target by a reputable analyst firm like Cantor Fitzgerald could positively influence investor sentiment towards Symbotic. This endorsement may lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100