Barclays assumed coverage of Zebra Technologies (ZBRA) with a $375 price target and upgraded the stock to Overweight from Equal Weight. The firm believes Zebra is handling tariff headwinds better than consensus expected, and that concerns about the Elo Touch Solutions acquisition are overdone. Barclays sees Elo as a complementary fit, acquired at an attractive multiple.
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Read More on ZBRA:
- Zebra Technologies assumed with Overweight from Equal Weight at Barclays
- Zebra Technologies announces collaboration with Tulip
- Zebra Tech’s Strategic Acquisition of Elo Drives Buy Rating and Positive Financial Outlook
- Zebra Tech Completes Acquisition of Elo Touch Solutions
- Zebra Technologies: Buy Rating Affirmed Amid Market Recovery and Strategic Acquisitions
