Northland Capital Markets Maintains Outperform on Symbotic, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has maintained an Outperform rating on Symbotic (NASDAQ:SYM) but lowered the price target from $60 to $50.
July 30, 2024 | 4:12 pm
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NEUTRAL IMPACT
Northland Capital Markets has maintained an Outperform rating on Symbotic but lowered the price target from $60 to $50.
The Outperform rating suggests continued confidence in Symbotic's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100