Needham Maintains Buy on Symbotic, Lowers Price Target to $60
Needham analyst Robert Jamieson maintains Symbotic (NASDAQ:SYM) with a Buy and lowers the price target from $75 to $60.
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Symbotic Has ‘Plenty’ of Catalysts Ahead, So Why Is This Analyst Slashing the Price Target?
Needham keeps Symbotic at Buy but cuts PT to $60, citing share price underperformance. Catalysts include new customers, backlog repricing.
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