Zebra Technologies price target raised to $315 from $300 at Baird

Baird analyst Richard Eastman raised the firm’s price target on Zebra Technologies to $315 from $300 and keeps an Outperform rating on the shares. The analyst elevated Zebra to a top idea in 2023 as he sees the stock positioned to recover following very challenging 2022 share performance. He sees an unfolding margin, and free cash flow recovery, offering the shares a near-to midterm catalyst.