Needham analyst James Ricchiuti raised his price target on Zebra Technologies to $175 and kept his Buy rating after "another impressive beat and raise quarter" that showed a 13% rise in sales. The analyst notes that all major geographies saw topline growth, along with an 11% organic growth in the Enterprise Visibility & Mobility segment and a 10% organic growth in the Asset Intelligence & Tracking segment. Ricchiuti also believes that valuation on Zebra Technologies is attractive across a variety metrics, including a 16-times forward earnings multiple for his price target.