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Symbotic (SYM) Gets a Buy from Robert W. Baird

In a report released on January 30, Robert Mason CFA from Robert W. Baird maintained a Buy rating on Symbotic (SYMResearch Report), with a price target of $18.00. The company’s shares closed yesterday at $15.65.

According to TipRanks, Mason CFA is a 2-star analyst with an average return of 0.0% and a 45.88% success rate. Mason CFA covers the Technology sector, focusing on stocks such as Rockwell Automation, Zebra Tech, and Trimble Navigation.

Currently, the analyst consensus on Symbotic is a Strong Buy with an average price target of $18.00, implying a 15.02% upside from current levels. In a report released yesterday, Deutsche Bank also maintained a Buy rating on the stock with a $22.00 price target.

See the top stocks recommended by analysts >>

The company has a one-year high of $28.48 and a one-year low of $8.75. Currently, Symbotic has an average volume of 187.4K.

Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SYM in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

SVF Investment Corp 3 is a blank check company.

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