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Symbotic Inc. has seen significant activity from institutional investors, with notable acquisitions in the third quarter, including a $1,029,000 stake from Sanctuary Advisors LLC. The stock currently holds a "Hold" rating among analysts, with a consensus price target of $41.79, despite recent downgrades from UBS Group and DA Davidson. Insiders have also sold shares recently, indicating a decrease in their ownership.
[Bloomberg](https://www.bloomberg.com) and [SEC]
In Cramer's Lightning Round, Symbotic is endorsed as a buy due to its profitability in a hot sector. Tetra Tech is also viewed positively, with Cramer inclined to buy despite mixed quarterly results. Linde is praised as a solid investment, while Brookfield's stock is noted for its upward trajectory, indicating it still has potential.
Symbotic Inc.
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symbotic stock sees insider sales and mixed analyst ratings amid market changes
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22:05 27.11.2024
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