Wells Fargo Resumes Coverage on Motorola Inc. (MOT) with an Outperform; Holding Its Own
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Price: $9.11 --0%
Rating Summary:
5 Buy, 4 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 28 | New: 13
Rating Summary:
5 Buy, 4 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 28 | New: 13
Trade MOT Now!
Wells Fargo resumes coverage on Motorola Inc. (NYSE: MOT) with an Outperform rating.
Wells analyst says, "In our view, Motorola continues to move forward in successfully transitioning itself from the large conglomerate it was ten years ago to a more streamlined and focused entity. The upcoming spin off of the handset/home divisions will further help with this evolution. Under the leadership of Sanjay Jha, we believe MOT will continue to breed its software-centric type approach and will be able to successfully manage through this transition. Our 2010 revenue and EPS estimates are $19.2B and $0.33. Our 2011 revenue and EPS estimates are $22.1B and $0.50."
To see all the upgrades/downgrades on shares of MOT, visit our Analyst Ratings page.
Shares finished trading at $8.00 yesterday.
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Wells analyst says, "In our view, Motorola continues to move forward in successfully transitioning itself from the large conglomerate it was ten years ago to a more streamlined and focused entity. The upcoming spin off of the handset/home divisions will further help with this evolution. Under the leadership of Sanjay Jha, we believe MOT will continue to breed its software-centric type approach and will be able to successfully manage through this transition. Our 2010 revenue and EPS estimates are $19.2B and $0.33. Our 2011 revenue and EPS estimates are $22.1B and $0.50."
To see all the upgrades/downgrades on shares of MOT, visit our Analyst Ratings page.
Shares finished trading at $8.00 yesterday.
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