Zebra Technologies (ZBRA) PT Rises To $225 At JPMorgan After Investor Meetings

March 15, 2019 8:36 AM EDT
Get Alerts ZBRA Hot Sheet
Price: $552.48 +0.80%

Rating Summary:
    11 Buy, 5 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 18 | Down: 11 | New: 8
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JPMorgan analyst, Paul Coster, reiterated his Overweight rating on shares of Zebra Technologies (NASDAQ: ZBRA) and raised his price target to $225 from $212 after hosting Investor meetings with Zebra’s CEO and hearing bullish commentary on demand. The PT increase is on multiple expansion rather than an increase in estimates.

The analyst stated "The company seems well-positioned to deliver on 4-5% growth on the back of the ongoing Android upgrade cycle, share-gain in every category, encroachment into white-space opportunities, accretive acquisitions, and the secular digitization tailwind".

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 $212.67 yesterday.



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