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Zebra Technologies assumed with an Equal Weight at Morgan Stanley
The Fly

Zebra Technologies assumed with an Equal Weight at Morgan Stanley

Morgan Stanley assumed coverage of Zebra Technologies with an Equal Weight rating with a price target of $305, up from $260. The firm is increasing estimates to credit the company’s Q1 beat on the back of better supply availability and more resilient demand than expected, but still sees risks around growing macro caution, particularly cautious spending from larger customers, and lingering supply chain issues.

Published first on TheFly

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