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ZBRA
Benzinga
13 days

These Analysts Boost Their Forecasts On Zebra Technologies After Upbeat Earnings

1. ZBRA exceeded Q2 earnings expectations with $3.61 EPS versus $3.31 estimate. 2. Sales aligned at $1.29 billion, showcasing consistent demand. 3. Full-year EPS guidance raised to $15.25-$15.75, indicating positive outlook. 4. Recent share drop of 11.4% to $302.60 despite strong earnings report. 5. Analysts adjusted price targets, with Needham raising to $345.

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FAQ

Why Bullish?

Better-than-expected earnings and raised guidance usually drive stock prices up. Similar scenarios in the past led to positive stock reactions following earnings beats.

How important is it?

Analysts' positive revisions to price targets reflect strong confidence in ZBRA's performance. Earnings beat amidst strong outlook influences market sentiment.

Why Short Term?

The market typically reacts quickly to earnings reports. Price adjustments and analyst upgrades indicate imminent short-term movements.

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