Barclays analyst Tim Long lowered the firm’s price target on Zebra Technologies (ZBRA) to $326 from $407 and keeps an Equal Weight rating on the shares. The company’s Q4 came in ahead of expectations with several large North America retail projects driving the beat, the analyst tells investors in a research note. However, the firm says Zebra’s visibility into fiscal 2025 “remains abnormally low,” given customer uncertainty surrounding tariffs and the broader macro environment.
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Read More on ZBRA:
- Zebra Technologies Reports Strong Fourth-Quarter Results
- Morning Movers: Molson Coors rises following earnings, Deere falls
- Zebra Technologies sees Q1 adjusted EPS $3.50-$3.70, consensus $3.57
- Zebra Technologies sees FY25 adjusted EPS $14.75-$15.25, consensus $16.00
- Zebra Technologies reports Q4 adjusted EPS $4.00, consensus $3.94
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