Motorola Solutions Inc. (MSI) PT Raised to $190 at Jefferies; 'Public Safety LMR Risk Keeps Diminishing'

October 30, 2020 9:03 AM EDT
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Price: $413.31 -0.21%

Rating Summary:
    23 Buy, 7 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 15 | Down: 12 | New: 12
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Jefferies analyst George Notter raised the price target on Motorola Solutions Inc. (NYSE: MSI) to $190.00 (from $175.00) while maintaining a Buy rating.

The analyst commented, "We thought the Q3 print, Q4 (and full year 2020) guidance, and the commentary were positive. This is further indication that numbers aren’t going down anymore and investor fears regarding the Public Safety LMR / PCR businesses are over-blown."



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