Symbotic Reports Fourth Quarter and Fiscal Year 2022 Results
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Symbotic Inc. (SYM) PT Lowered to $17 at Needham & Company
November 22, 2022 7:00 AM ESTNeedham & Company analyst James Ricchiuti lowered the price target on Symbotic Inc. (NASDAQ: SYM) to $17.00 (from $21.00) while maintaining a Buy rating.
The analyst commented, "Symbotic posted better-than-expected FQ4'22 results and provided a stronger revenue growth outlook for FQ123, which at the midpoint was 10% above... More
