Raymond James raised the firm’s price target on Motorola Solutions (MSI) to $530 from $515 and keeps an Outperform rating on the shares. The Q1 results showed upside across key metrics with strong Services & Software growth offset by flat Product revenue, while rising backlog and accelerating Silvus momentum suggest future growth potential despite a more challenging valuation, the analyst tells investors in a research note.
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Read More on MSI:
- Motorola Solutions price target raised to $503 from $499 at Piper Sandler
- Motorola Solutions reports Q1 EPS $3.37, consensus $3.25
- Motorola Solutions sees Q2 EPS $3.82-$3.88, consensus $3.84
- Motorola Solutions raises 2026 EPS outlook to $16.87-$16.99 from $16.70-$16.85
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