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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SYM:
- Symbotic upgraded to Buy from Hold at Craig-Hallum
- Symbotic price target raised to $70 from $60 at Citi
- Cautious Outlook for Symbotic: Hold Rating Amid Promising Developments and Uncertainties
- Symbotic’s Strong Financial Performance and Strategic Advancements Drive Buy Rating and Increased Price Target
- Symbotic Inc. Reports Strong Revenue Growth in 2025