Cantor Fitzgerald raised the firm’s price target on Symbotic (SYM) to $82 from $60 and keeps an Overweight rating on the shares. Symbotic delivered a solid September quarter, with deployment strength coming even as Symbotic continues to deliberately slow deployments in preparation for the second half 2026 launch of its next-generation storage structure, the analyst tells investors in a research note. Cantor believes growth will reaccelerate in the back half of FY26.
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Read More on SYM:
- Symbotic upgraded to Buy from Hold at Craig-Hallum
- Symbotic price target raised to $70 from $60 at Citi
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- Symbotic’s Strong Financial Performance and Strategic Advancements Drive Buy Rating and Increased Price Target
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