UPDATE: JPMorgan Upgrades Motorola Solutions Inc. (MSI) to Neutral on Valuation

March 3, 2020 4:11 AM EST
Get Alerts MSI Hot Sheet
Price: $222.27 -0.22%

Rating Summary:
    16 Buy, 7 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 22 | Down: 26 | New: 45
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(Updated - March 3, 2020 4:14 AM EST)

(updating comment)

JPMorgan analyst Paul Coster upgraded Motorola Solutions Inc. (NYSE: MSI) from Underweight to Neutral with a price target of $170.00.

The analyst comments "MSI stock is trading at 19.9x our 2020 PF EPS forecast of $8.73, a ~6% premium to the one-year mean multiple. With the stock trading near our YE20 price target of $170, we believe the stock is approximately fairly valued and expect MSI to perform in-line with the mean of our
coverage in the next 6-12 months."

For an analyst ratings summary and ratings history on Motorola Solutions Inc. click here. For more ratings news on Motorola Solutions Inc. click here.

Shares of Motorola Solutions Inc. closed at $173.49 yesterday.

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