Zebra Technologies (ZBRA) PT Raised to $190 At Imperial

Imperial Capital analyst, Jeff Kessler, reiterated his Outperform rating on shares of Zebra Technologies (NASDAQ: ZBRA) and raised his price target to $190 from $180 on the expectation that Zebra will successfully become the leading driver in expanding the Automated Identification and Data Capture industry and its growth rate.

The analyst stated Zebra currently estimates its TAM at $9 billion but thinks it could increase to $24 billion if it can successfully penetrate new markets and and further penetrate markets where it has a foothold.

For an analyst ratings summary and ratings history on Zebra Technologies click here. For more ratings news on Zebra Technologies click here.

Shares of Zebra Technologies closed at $174.78 yesterday.

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