Symbotic Inc. (SYM) Secures Audit Approval and Reassures Investors, TD Cowen Maintains $50 Price Target

Insider Monkey12-07

We recently compiled a list of the 12 AI News and Ratings Investors Probably Missed. In this article, we are going to take a look at where Symbotic Inc. (NASDAQ:SYM) stands against the other AI stocks...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2489921291?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/2ixAYnuhjESXIJQg2ZC9JA--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/3e2c21b99fe930fa8f6c6f1f3c29c932","is_english":true,"pubTime":"2024-12-07 14:25","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2489921291","market":"us","top_or_hot":-1,"title":"Symbotic Inc. (SYM) Secures Audit Approval and Reassures Investors, TD Cowen Maintains $50 Price Target","media":"Insider Monkey","content":"<div>\n<p>We recently compiled a list of the 12 AI News and Ratings Investors Probably Missed. In this article, we are going to take a look at where Symbotic Inc. (NASDAQ:SYM) stands against the other AI stocks...</p>\n\n<a href=\"https://finance.yahoo.com/news/symbotic-inc-sym-secures-audit-062557863.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Symbotic Inc. (SYM) Secures Audit Approval and Reassures Investors, TD Cowen Maintains $50 Price Target</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSymbotic Inc. (SYM) Secures Audit Approval and Reassures Investors, TD Cowen Maintains $50 Price Target\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-07 14:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/symbotic-inc-sym-secures-audit-062557863.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently compiled a list of the 12 AI News and Ratings Investors Probably Missed. In this article, we are going to take a look at where Symbotic Inc. (NASDAQ:SYM) stands against the other AI stocks...</p>\n\n<a href=\"https://finance.yahoo.com/news/symbotic-inc-sym-secures-audit-062557863.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TD","symbol_name":"道明银行","start_time":0,"source_url":"https://finance.yahoo.com/news/symbotic-inc-sym-secures-audit-062557863.html","article_id":"2489921291","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/2ixAYnuhjESXIJQg2ZC9JA--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/3e2c21b99fe930fa8f6c6f1f3c29c932"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489921291","pubTimestamp":1733552757,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently compiled a list of the 12 AI News and Ratings Investors Probably Missed.In this article, we are going to take a look at where Symbotic Inc.  stands against the other AI stocks that investors probably missed.AI is increasingly shaping diverse industries, from healthcare and website design to cybersecurity. Companies are utilizing traditional AI and generative models to improve diagnostics, customer experiences, and business efficiency. While AI offers immense benefits, it also presents new challenges, especially in securing sensitive data. As businesses continue to innovate with AI, balancing its advantages and potential risks will be crucial for future growth.READ ALSO: 15 AI News Investors Shouldn’t Miss and Jim Cramer Discussed 10 Stocks That Can Do Well in December.Symbotic Inc.  develops automation technologies that improve efficiency in large warehouses and distribution centers. Its systems streamline the processing of pallets and ca","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"TD":"道明银行","COWN":"高宏集团","ISBC":"投资者银行","SYM":"Symbotic Inc."},"translate_title":"Symbotic Inc.(SYM)获得审计批准并安抚投资者，TD Cowen维持50美元目标价","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COWN":1,"ISBC":1,"SYM":1,"TD":1},"content_text":"We recently compiled a list of the 12 AI News and Ratings Investors Probably Missed. In this article, we are going to take a look at where Symbotic Inc. (NASDAQ:SYM) stands against the other AI stocks that investors probably missed.\nAI is increasingly shaping diverse industries, from healthcare and website design to cybersecurity. Companies are utilizing traditional AI and generative models to improve diagnostics, customer experiences, and business efficiency. While AI offers immense benefits, it also presents new challenges, especially in securing sensitive data. As businesses continue to innovate with AI, balancing its advantages and potential risks will be crucial for future growth.\nREAD ALSO: 15 AI News Investors Shouldn’t Miss and Jim Cramer Discussed 10 Stocks That Can Do Well in December.\nLeveraging AI Across Sectors for Enhanced Efficiency\nAt the CNBC CFO Council Summit on December 4, Squarespace’s Nathan Gooden, Zoetis’s Wetteny Joseph, and Varonis’s Guy Melamed shared their insights on how artificial intelligence is being integrated into their businesses. From animal health and website development to cybersecurity, these executives discussed the ways AI is improving their operations, improving customer experiences, and addressing emerging challenges. They also explored the evolving role of generative AI and its potential impact on the future of their industries.\nWetteny Joseph discussed how AI is being used in animal health, noting the integration of traditional AI in diagnostic platforms for animals, such as a system that quickly analyzes slide images to identify health issues, with potential to expand into human healthcare. Nathan Gooden highlighted the long-standing use of machine learning in the platform, and the incorporation of generative AI to simplify the website design process for customers. Guy Melamed mentioned AI’s dual impact: improving customer protection while also presenting risks, such as exposing sensitive data via AI tools like co-pilot. His company focuses on securing data and preventing unauthorized access through these AI systems.\nFor this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.\nWhy are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\n A warehouse automation system in operation, with robotic arms managing inventory efficiently. \nSymbotic Inc. (NASDAQ:SYM)\nNumber of Hedge Fund Holders: 15\nSymbotic Inc. (NASDAQ:SYM) develops automation technologies that improve efficiency in large warehouses and distribution centers. Its systems streamline the processing of pallets and cases, enhancing supply chain operations for retail companies. The company is a leading manufacturer of AI-enabled robots.\nOn December 5, The Fly reported that TD Cowen said Symbotic (NASDAQ:SYM) filed its annual report, which showed no significant changes. The company has addressed key issues, including confirming its backlog, securing audit approval, and implementing procedures to prevent future problems. The restatement within the previously estimated range offers some reassurance. TD Cowen maintained a Buy rating on Symbotic with a $50 price target. Symbotic (NASDAQ:SYM) was priorly under scrutiny from after it announced that it is delaying its 10K to fix FY24 reported numbers.\nOverall SYM ranks 11th on our list of the AI stocks that investors probably missed. While we acknowledge the potential of SYM as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than SYM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.   \nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.   \nDisclosure: None. This article is originally published at Insider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2489921291"}