Baird raised the firm’s price target on Zebra Technologies to $312 from $292 and keeps an Outperform rating on the shares. The firm said they posted solid guidance as Retail was first in the downturn and appears to be positioned to lead out, with green shoots around project restarts.
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- Zebra Technologies raises annualized cost savings target to $120M
- Zebra Technologies sees FY24 revenue (1%)-3%, consensus $4.59B
- Zebra Technologies sees Q1 adjusted EPS $2.30-$2.60 , consensus $2.08
- Zebra Technologies reports Q4 adjusted EPS $1.71, consensus $1.66
- Zebra Technologies price target raised to $285 from $250 at Needham