Why Symbotic Fell on Tuesday

Shares of Symbotic (NASDAQ: SYM) fell on Tuesday, down 10.9% in today's trading.Symbotic's stock has been on an absolute tear this year, up over 130% for 2025, even after today's downturn. But with a sky-high valuation and much of Symbotic's business coming from just one customer, one Wall Street analyst decided to downgrade shares on those dual risks.On Tuesday, Wall Street bank UBS cut its rating on Symbotic to sell from its prior neutral stance, even as the firm raised its price target from $27 to $35. For reference, Symbotic stock trades just over $54 as of this writing.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool