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Fly News Breaks for October 30, 2019
ZBRA
Oct 30, 2019 | 09:07 EDT
Needham analyst James Ricchiuti raised his price target on Zebra Technologies to $255 and kept his Buy rating after its "solid" Q3 earnings beat and "strong" margins. The analyst notes that the company is performing well despite the slowing macro-driven demand as revenues in Q3 grew against a "particularly difficult" comp last year. Ricchiuti adds that Zebra Technologies also represents one of the more "compelling" GARP, or Growth at a Reasonable Price, investment stories.
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