Symbotic (NASDAQ:SYM) Research Coverage Started at Cowen

Cowen assumed coverage on shares of Symbotic (NASDAQ:SYMGet Rating) in a research note issued to investors on Tuesday morning, Marketbeat Ratings reports. The brokerage issued an outperform rating and a $18.00 target price on the stock.

Shares of NASDAQ SYM opened at $15.50 on Tuesday. Symbotic has a 12 month low of $9.01 and a 12 month high of $28.48.

About Symbotic (Get Rating)

Symbotic Inc, an automation technology company, provides robotics and technology to improve efficiency for retailers and wholesalers in the United States. It offers The Symbotic System, a full-service warehouse automation system that reduces costs, improves efficiency, and maximizes inventory. The company is based in Wilmington, Massachusetts.

Featured Stories

Receive News & Ratings for Symbotic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Symbotic and related companies with MarketBeat.com's FREE daily email newsletter.