Berkshire Grey (NASDAQ:BGRY) Receives New Coverage from Analysts at Credit Suisse Group

Credit Suisse Group started coverage on shares of Berkshire Grey (NASDAQ:BGRY) in a report published on Tuesday morning, Analyst Ratings Network reports. The brokerage issued a neutral rating and a $8.00 price objective on the stock.

Separately, William Blair began coverage on shares of Berkshire Grey in a report on Monday, August 16th. They issued a market perform rating for the company.

Shares of BGRY stock opened at $6.94 on Tuesday. The company has a 50 day simple moving average of $8.28. Berkshire Grey has a fifty-two week low of $6.50 and a fifty-two week high of $13.45.

A hedge fund recently bought a new stake in Berkshire Grey stock. Marshall Wace LLP purchased a new position in shares of Berkshire Grey Inc (NASDAQ:BGRY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 133,318 shares of the company’s stock, valued at approximately $1,329,000. Marshall Wace LLP owned 0.35% of Berkshire Grey as of its most recent SEC filing. Hedge funds and other institutional investors own 53.49% of the company’s stock.

About Berkshire Grey

Berkshire Grey Inc is a pure-play robotics company. It offers fully integrated, AI-based software and hardware solutions to automate warehouses and logistics fulfillment centers. Berkshire Grey Inc, formerly known as Revolution Acceleration Acquisition Corp, is based in WASHINGTON.

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