Zebra Technologies (NASDAQ:ZBRA) has recently indicated strong performance, which has, in turn, affected the stock market response. The company has
beaten Q2 targets and returned to sales growth, leading its price target to be
boosted to $410.00 by Stephens. This development induced more activity, with entities such as the Teachers Retirement System of The State of Kentucky and Swedbank AB
modifying their ZBRA holdings. Continuous performance saw Zebra's stock surge higher, thanks to Q2 earnings and revenues
outperforming estimates. Analysts from various firms have adjusted earnings estimates and
price targets for Zebra, reflecting the firm's growth potential. On the downside, the Public Employees Retirement Association of Colorado reduced their stake, suggesting some level of market wariness. Meanwhile, Zebra’s FY24 earnings guidance was updated, suggesting a long-term perspective for investors. The company's returns on capital are also a focal point. Notwithstanding some insider sales, there has been a significant acquisition of ZBRA stocks by insiders, fueling optimism about its future performance.
Zebra Technologies Stocks ZBRA News Analytics from Fri, 22 Sep 2023 07:00:00 GMT to Sun, 04 Aug 2024 15:14:39 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor -3
