Motorola Solutions price target raised to $499 from $443 at Piper Sandler

Piper Sandler raised the firm’s price target on Motorola Solutions (MSI) to $499 from $443 and keeps an Overweight rating on the shares. The firm notes shares were higher following a relatively strong print in which Motorola is seeing D-Series refresh, APX Next deployments, SVX attach & new AI-packaging, and Silvus strength, all of which reflect Piper’s recently updated view. The firm is incrementally encouraged around the updated 2026 guide, including an expectation that product orders will grow over 10% for the year.