Vetr Crowd Says Zebra Technologies Could Return More Than 25%

Over the past couple of trading days, Zebra Technologies Corp. ZBRA lost more than 15 percent of its market value. However, since mid May, shares had been experiencing a sustained rise, recuperating some of the ground lost during January and early May.

It seems like the Vetr crowd believes the rebound will continue, as suggested by its average price target of $63.50, which implies a potential return of roughly 25.75 percent.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect this upside potential, the Vetr community decided to upgrade its rating on Zebra’s stock on Monday, from 3.5 Stars (Buy) to 4.5 Stars (Strong Buy) - out of a possible 5.0 Stars rating.

It should be noted that, in accordance with the new rating, 80 percent of the crowd's ratings are bullish at the time.

Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.