Zebra Technologies stock rises 4.97% and snaps three-day losing streak

12 articles · Updated · MarketWatch · Apr 30

The shares closed at $226.26 on Thursday as the S&P 500 gained 1.02% to 7,209.01 and the Dow rose 1.62% to 49,652.14.
Zebra outperformed Honeywell, which rose 1.92%, and Amphenol, which fell 0.75%, but trailed Eaton's 5.41% gain.
Despite the rebound, the stock remains 35.84% below its 52-week high of $352.66 reached on 31 July, while trading volume of 1.0 million topped its 50-day average.

Why are analysts cutting Zebra's price targets despite its deep discount and a massive $1.1B buyback plan?

As rival Honeywell exits the warehouse automation market, can Zebra capitalize on this shift to close its valuation gap?