Needham Maintains Buy on Zebra Technologies, Lowers Price Target to $255
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti has maintained a 'Buy' rating on Zebra Technologies (NASDAQ:ZBRA) but lowered the price target from $285 to $255.
November 01, 2023 | 11:19 am
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NEUTRAL IMPACT
Zebra Technologies' price target has been lowered from $285 to $255 by Needham, though the 'Buy' rating is maintained.
The news is directly about Zebra Technologies. The lowering of the price target might indicate a potential downside, but the maintained 'Buy' rating suggests that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100