Symbotic (NASDAQ:SYM) shares fell more than 17% in Thursday trade after Raymond James downgraded its rating from Outperform to Market Perform following a disappointing first quarter results.

Finally, Raymond James cut Symbotic from an “outperform” rating to a “market perform” rating in a research note on Thursday, February 6th. 10 Stocks to Sell NOW! 3 Stocks to DOUBLE This ...

Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $60.00 target price on shares of Symbotic in a research note on Thursday, February 6th. Raymond James cut shares of Symbotic fr ...

Meanwhile, Raymond James downgraded Symbotic to ‘Market Perform’ from ‘Outperform’ without a price target. According to The Fly, the analyst believes the company's Q1 results and Q2 ...