Baird analyst Richard Eastman raised the firm’s price target on Zebra Technologies to $375 from $355 and keeps an Outperform rating on the shares. The firm said 2Q demand gained breadth across verticals and geos while the company raised 2024 earnings guidance, but acknowledges muted ‘large deal” activity as customer caution prevails.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZBRA:
- Zebra Technologies raises FY24 adjusted EPS to $12.30-$12.90 from $11.25-$12.25
- Zebra Technologies sees Q3 non-GAAP EPS $3.00-$3.10, consensus $3.06
- Zebra Technologies reports Q2 non-GAAP EPS $3.18, consensus $2.80
- ZBRA Earnings this Week: How Will it Perform?
- Zebra Technologies initiated with a Top Pick at Vertical Research