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Zebra Technologies assumed with an Overweight at Barclays

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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