Zebra Technologies: Truist Securities keeps Hold rating, raises PT to $319.

Zebra Technologies: Truist Securities keeps Hold rating, raises PT to $319.

Zebra Technologies Corporation (NasdaqGS: ZBRA) has seen a significant update in its financial outlook, with Truist Securities adjusting its price target and maintaining its hold rating. The new price target, set at $319, represents a notable increase from the previous target of $269 [2].

The adjustment comes amidst a strategic move by Zebra Technologies, which recently entered into a definitive agreement to acquire Elo Touch Solutions, Inc. for $1.3 billion [3]. The acquisition is expected to be funded through a combination of Zebra's cash reserves and financing from its credit facility. The transaction is subject to customary closing conditions, including regulatory approval.

Truist Securities has acknowledged the potential benefits of the acquisition, but maintains a cautious outlook, reflected in its hold rating. The new price target of $319 suggests that the investment bank believes in the long-term potential of Zebra Technologies, but also considers the risks associated with the acquisition and its impact on the company's financial performance.

Investors and financial professionals should closely monitor the regulatory approval process and the integration of Elo Touch Solutions into Zebra's operations to gauge the potential impact on the company's stock price.

References:
[1] https://it.tradingview.com/news/reuters.com,2025:newsml_L8N3TY1B8:0/
[2] https://www.marketscreener.com/news/truist-securities-adjusts-price-target-on-zebra-technologies-to-319-from-269-maintains-hold-ratin-ce7c5ed9df8df426
[3] https://www.marketscreener.com/news/zebra-technologies-corporation-entered-into-a-definitive-agreement-to-acquire-elo-touch-solutions-i-ce7c5ed8dd8bf32c