Baird Maintains Outperform on Zebra Technologies, Lowers Price Target to $283
Portfolio Pulse from jenniferd'souza@benzinga.com
Baird analyst Richard Eastman has maintained an Outperform rating on Zebra Technologies (NASDAQ:ZBRA), but lowered the price target from $322 to $283.

August 04, 2023 | 11:13 am
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NEGATIVE IMPACT
Zebra Technologies' price target has been lowered from $322 to $283 by Baird, although the Outperform rating is maintained.
The lowering of the price target by Baird indicates a potential decrease in the stock's value in the short term. However, the maintained Outperform rating suggests that the stock is still expected to outperform the market or its sector, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100