Upbeat Symbotic Results Boost 2 Robotics Peers

Symbotic Inc (NASDAQ:SYM) stock is up 36.1% to trade at $75.47 at last glance, after the robotics company reported fiscal fourth-quarter revenue of $618.5 million that surpassed analysts' estimates of $604 million. The equity attracted three price-target hikes in response, the most significant coming form Needham to $70 from $57.SYM is now eyeing its biggest single-day percentage gain since November 2023. The shares have staged a nice bounce off round-number support at $50, and nearly erased their monthly d ...