Baird analyst Quinn Fredrickson lowered the firm’s price target on Zebra Technologies (ZBRA) to $300 from $350 and keeps an Outperform rating on the shares. The firm remains positive on the advanced industrial technology group, saying the sector’s Middle East exposure is minimal while cyclical indicators continue to point towards improvement in 2026 and 2027. Baird sees the recent pullback in the stocks as a buying opportunity.
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