TD Cowen lowered the firm’s price target on Zebra Technologies to $275 from $290 and keeps an Outperform rating on the shares. The firm said given the palpable negativity heading into results, the negative 2-day response to a beat/raise when there was debate around a cut is surprising and feels overdone.
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Read More on ZBRA:
- Zebra Technologies price target lowered to $250 from $285 at Needham
- Zebra Technologies price target lowered to $300 from $350 at Stephens
- Zebra Technologies sees Q4 adjusted EPS $1.40 -$1.80, consensus $1.69
- Zebra Technologies reports Q3 adjusted EPS 87c, consensus 81c
- Zebra Technologies (ZBRA) Q3 Earnings Cheat Sheet
