There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Symbotic (SYM – Research Report) and Jacobs Solutions (J – Research Report) with bullish sentiments.
Symbotic (SYM)
In a report released yesterday, Robert Mason CFA from Robert W. Baird maintained a Buy rating on Symbotic, with a price target of $54.00. The company’s shares closed last Tuesday at $52.08.
According to TipRanks.com, CFA is a 3-star analyst with an average return of
Currently, the analyst consensus on Symbotic is a Moderate Buy with an average price target of $57.14, which is a 19.0% upside from current levels. In a report issued on November 15, Northland Securities also maintained a Buy rating on the stock with a $58.00 price target.
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Jacobs Solutions (J)
In a report issued on November 20, Andrew Wittmann from Robert W. Baird maintained a Buy rating on Jacobs Solutions, with a price target of $150.00. The company’s shares closed last Tuesday at $125.08.
According to TipRanks.com, Wittmann is a 5-star analyst with an average return of
Jacobs Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $149.20, representing a 13.0% upside. In a report issued on November 14, Benchmark Co. also reiterated a Buy rating on the stock with a $160.00 price target.
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Read More on SYM:
- Symbotic (NASDAQ:SYM) Surges After Better-than-Expected Q4 Results
- Symbotic sees Q1 revenue $350M-$370M, consensus $348.62M
- Symbotic reports Q4 EPS (8c), consensus (12c)
- Symbotic Reports 2023 Results with Record Revenue and Improved Margin as Deployments Accelerated
- Symbiotic options imply 15.4% move in share price post-earnings
