Motorola Mobility (MMI) Shares Rallying as UBS Upgrades to Buy
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Price: $32.32 -1.16%
Rating Summary:
4 Buy, 21 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
4 Buy, 21 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Shares of Motorola Mobility Holdings (NYSE: MMI) are moving sharply higher in pre-market action as an analyst at UBS upgraded the stock from Neutral to Buy earlier. The firm slightly boosted its price target on the stock from $33 to $34.
UBS suggested using recent weakness (stock was down 2.6% on Monday and 5% on Tuesday) as a buying opportunity.
MMI shares last traded at $25.71, up 2.8% from yesterday's closing price.
For more ratings news on Motorola Mobility Holdings click here and for the rating history of Motorola Mobility Holdings click here.
UBS suggested using recent weakness (stock was down 2.6% on Monday and 5% on Tuesday) as a buying opportunity.
MMI shares last traded at $25.71, up 2.8% from yesterday's closing price.
For more ratings news on Motorola Mobility Holdings click here and for the rating history of Motorola Mobility Holdings click here.
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