Northland raised the firm’s price target on Symbotic (SYM) to $73 from $70 and keeps an Outperform rating on the shares, citing higher estimates following Q1 results. The firm tells investors Symbotic is “showing operational excellence” despite being early in a new storage system program.
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Read More on SYM:
- Symbotic price target raised to $75 from $70 at Needham
- Symbotic: Strong Execution, Expanding Margins, and Upwardly Revised Outlook Support Buy Rating and Higher Price Target
- Symbotic Delivers Strong Q1 2026 Results and Profitability
- Symbotic reports Q1 EPS 2c, consensus 9c
- Symbotic sees Q2 revenue $650M-$670M, consensus $639.46M