Tomer Zilberman, an analyst from Bank of America Securities, maintained the Buy rating on Motorola Solutions (MSI – Research Report). The associated price target is $520.00.
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Tomer Zilberman has given his Buy rating due to a combination of factors that highlight Motorola Solutions’ strategic positioning and growth potential. One of the key aspects is the company’s new SVX solution, which integrates body worn camera functionalities with AI capabilities. Despite being a late entrant in some AI areas, the completeness and competitive edge of this solution are expected to drive market share growth.
Moreover, the market is anticipated to shift towards converged body worn devices, and Motorola’s SVX is well-positioned to capitalize on this trend. The advanced features and lower total cost of ownership (TCO) of the SVX and APX Next are projected to accelerate their adoption. Additionally, Motorola’s integration with key parts of the public safety workflow and its high audio transcription success rate further strengthen its competitive position. These factors contribute to the positive outlook and the Buy rating, with a price objective of $520.00 USD.
In another report released today, Barclays also maintained a Buy rating on the stock with a $511.00 price target.