Morgan Stanley analyst Meta Marshall maintains $Zebra Technologies (ZBRA.US)$ with a sell rating, and maintains the target price at $305.
According to TipRanks data, the analyst has a success rate of 55.8% and a total average return of 6.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Zebra Technologies (ZBRA.US)$'s main analysts recently are as follows:
Zebra Technologies showcased a more broad-based recovery and an increase in large deal momentum in Q3, which was seen as encouraging. Despite this, the view is that the current multiple fully reflects the expected recovery, and there are considered to be more attractive risk-reward opportunities elsewhere in the sector.
The analyst expressed increased confidence in the FY25 estimates for Zebra Technologies, citing more normalized activity. However, they noted that timelines for large project decisions remain extended.
Zebra Technologies recorded another quarter exceeding expectations, with demand showing signs of increased strength and diversity, despite ongoing macroeconomic constraints. The expectations for the fourth quarter appear to align more with typical seasonal patterns, which may include larger transactions and year-end budget finalizations.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
