On Oct 31, major Wall Street analysts update their ratings for $Zebra Technologies (ZBRA.US)$, with price targets ranging from $305 to $445.
Morgan Stanley analyst Meta Marshall maintains with a sell rating, and maintains the target price at $305.
Barclays analyst Tim Long maintains with a hold rating, and adjusts the target price from $292 to $407.
UBS analyst Damian Karas maintains with a buy rating, and adjusts the target price from $368 to $445.
TD Cowen analyst Joseph C Giordano maintains with a buy rating, and maintains the target price at $425.
Needham analyst James Ricchiuti maintains with a buy rating, and adjusts the target price from $394 to $430.
Furthermore, according to the comprehensive report, the opinions of $Zebra Technologies (ZBRA.US)$'s main analysts recently are as follows:
The company's third-quarter performance exceeded expectations, along with a further increase in guidance for the fiscal year, as demand improvements persistently exceed projections. Nonetheless, the uncertain macroeconomic conditions are impacting the visibility into the company's financial outlook for fiscal year 2025.
Zebra Technologies demonstrated a stronger than expected performance with a more widespread recovery and larger deal momentum in Q3, which is seen as encouraging. Nonetheless, there is a belief that the present valuation already reflects the anticipated recovery and that there are more appealing risk-reward opportunities to be found elsewhere.
The firm expressed increased confidence in the FY25 estimates as more normalized activity is beginning to emerge, although they note that decision timelines for large projects remain extended.
Zebra Technologies has been recognized for delivering another quarter that exceeded expectations, with demand showing signs of increasing strength and diversity, although still limited by the broader economic environment. Expectations for the fourth quarter are more aligned with usual seasonal patterns, which could include larger transactions and year-end budget spending.
Here are the latest investment ratings and price targets for $Zebra Technologies (ZBRA.US)$ from 6 analysts:
Note:
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