BofA analyst Tomer Zilberman lowered the firm’s price target on Motorola Solutions (MSI) to $500 from $520 and keeps a Buy rating on the shares. The firm fine-tuned estimates to reflect backlog headwind dynamics, but reiterates a Buy rating on expectations for improving demand trends throughout the year.
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Read More on MSI:
- Motorola Solutions price target raised to $499 from $443 at Piper Sandler
- Motorola Solutions price target raised to $470 from $436 at Morgan Stanley
- Motorola Solutions price target raised to $506 from $495 at Barclays
- Motorola Solutions price target raised to $520 from $515 at JPMorgan
- Motorola Solutions sees Q1 EPS 3.20-$3.25, consensus $3.25