Symbotic price target raised to $42 from $41 at Barclays

Barclays raised the firm’s price target on Symbotic (SYM) to $42 from $41 and keeps an Underweight rating on the shares. The firm adjusted ratings and price targets as part of its 2026 industrial technology and distribution outlook. Barclays remains positive on the group, seeing tailwinds for end markets that include data centers, factory automation, warehouse automation, electronics, test and measurement, and semiconductors.