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Fly News Breaks for September 21, 2018
ZBRA
Sep 21, 2018 | 08:28 EDT
JPMorgan analyst Paul Coster says a stock split by Zebra Technologies "seems overdue" and could be a positive catalyst by boosting liquidity and broadening interest. Further, to reflect "strong" secular demand in key end markets, the company's leadership in the Windows to Android OS transition, and secular trends relating to Internet of Things and Edge Computing, Coster upped his estimates and Zebra and boosted his price target for the shares to $180 from $175. The analyst keeps an Overweight rating on the name.
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