Baird raised the firm’s price target on Zebra Technologies (ZBRA) to $415 from $380 and keeps an Outperform rating on the shares. The firm said 3Q produced another beat/raise quarter with demand gaining incremental strength/breadth; yet still constrained by macro. 4QE looks more reflective of typical seasonality, including larger deals/YE budget flush.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZBRA: