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0.00159297440511068 0.00448178809313532 0.00592000462210196 0.000146504122749846 -0.00212121462234955 -0.00212121462234955 -0.00212121462234955 -0.00212121462234955
Stock impact report

Is Symbotic Stock Going to $53? 1 Wall Street Analyst Thinks So. [Yahoo! Finance]

Symbotic Inc. - Class A (SYM) 
Company Research Source: Yahoo! Finance
But they weren't the only folks getting more positive about the company's future. Analyst Robert Mason of Baird made a slight upward revision to his price target on the warehouse automation specialist's stock. At the new level, he feels that the shares could rise by 14% in the near future. Of course, it's easy to be a bull after a satisfying quarter, so let's briefly explore whether the stock really has that kind of potential. $1 hike followed a solid quarter Mason rather cautiously added $1.00 to his Symbotic price target for a new figure of $53 per share. He also kept his buy recommendation on the highly specialized industrial stock intact. In digesting the company's fiscal second-quarter results -- made public in early May -- Mason was impressed with the lower costs, which he believed were due to recent innovations. He also pointed out that the company is winning new business, and we should expect to see it win new deployments over the mid-term. There were some encouragin Show less Read more
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