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.
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Read More on ZBRA:
- Zebra Technologies raises FY24 adjusted EPS to $12.30-$12.90 from $11.25-$12.25
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- Zebra Technologies reports Q2 non-GAAP EPS $3.18, consensus $2.80
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