Zebra Technologies gains after annual forecast raise
BUZZ-Zebra Technologies gains after annual forecast raise ** Shares of barcode scanner maker Zebra Technologies ZBRA.O rise 7.7% to $314.23 premarket
** Co raises FY26 sales growth forecast to between 14% and 16%, up from prior forecast of 10% to 14%
** Now expects full year adj. EPS in the range of $20.75 to $21.25, up from previous outlook of $18.30 to $18.70
** The new forecast is above analysts' consensus estimates of $18.56 - data compiled by LSEG
** Q2 adj. EPS of $6.35 and revenue of $1.56 bln both beat expectations
** Average rating of 18 analysts on the stock is a "buy", median PT at $334.67
** As of last close, stock has risen 20.1% YTD, outperforming the Nasdaq's .IXIC 11.5% gain
(Reporting by Anand Gopal in Bengaluru)
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