Zebra Technologies (NASDAQ:ZBRA) Upgraded to “Hold” at StockNews.com
From MarketBeat:
Zebra Technologies (NASDAQ:ZBRA) was upgraded from a “sell” to a “hold” rating by StockNews.com. Despite being assigned both “buy” and “sell” ratings by various research analysts, ZBRA stock trading increased by 2.2 % on Monday. The company’s market capitalization is approximately $13.07 billion with 357,588 shares traded. The chief financial officer and CEO of Zebra Technologies recently purchased some quantities of ZBRA stock, adding to the company’s value. Furthermore, institutional investors have recently made changes to their portfolios concerning ZBRA stock.
Zebra Technologies, a leading provider of enterprise asset intelligence solutions, operates in two segments: Asset Intelligence & Tracking and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers and RFID printers, along with related accessories, options, and labels, as well as temperature-monitoring labels primarily for vaccine distribution. The industrial products company recently reported a quarter with an EPS of $0.87, and revenue of $956.00 million, beating analysts’ consensus estimates. Despite current ratings and market performance, ZBRA’s stock trades with a “Hold” average rating and a consensus target price of $267.00.
Read more: Zebra Technologies (NASDAQ:ZBRA) Upgraded to “Hold” at StockNews.com