Craig-Hallum Maintains Buy on Symbotic, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Greg Palm maintains a Buy rating on Symbotic (NASDAQ:SYM) but lowers the price target from $54 to $45.

July 30, 2024 | 2:18 pm
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Craig-Hallum analyst Greg Palm maintains a Buy rating on Symbotic but lowers the price target from $54 to $45.
The maintained Buy rating suggests continued confidence in Symbotic's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100