Zebra Technologies price target raised to $407 from $347 at Barclays

Barclays raised the firm’s price target on Zebra Technologies (ZBRA) to $407 from $347 and keeps an Equal Weight rating on the shares. The company’s Q3 came in ahead of expectations, accompanied with another fiscal year guidance lift, as demand improvements continue to surprise to the upside, the analyst tells investors in a research note. However, an uncertain macro environment weighs on Zebra’s fiscal 2025 visibility, the firm says.