Information Provided By:
Fly News Breaks for February 14, 2020
ZBRA
Feb 14, 2020 | 07:45 EDT
JPMorgan analyst Paul Coster upgraded Zebra Technologies to Overweight from Neutral with a price target of $262, up from $250. The company posted "slightly disappointing" Q4 results with tariff, currency and product mix weighing on overall margins, which is expected to extend into Q1 and less so in Q2, Coster tells investors in a post-earnings research note. The analyst, however, sees the post-earnings share pullback as creasing an attractive entry point for longer term investors. Zebra's "solid" fiscal 2020 EBITDA margin guidance points to an acceleration in the second half as tariff/freight costs dissipate and selling prices possibly expand as the company enters new verticals, contends the analyst.
News For ZBRA From the Last 2 Days
There are no results for your query ZBRA