Motorola Solutions (NYSE:MSI – Get Free Report) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Tuesday.
A number of other equities analysts also recently commented on the company. Bank of America boosted their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Morgan Stanley boosted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Raymond James lifted their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Barclays decreased their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.
Read Our Latest Stock Analysis on Motorola Solutions
Motorola Solutions Stock Performance
Motorola Solutions (NYSE:MSI – Get Free Report) last posted its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. On average, research analysts anticipate that Motorola Solutions will post 13.46 earnings per share for the current year.
Hedge Funds Weigh In On Motorola Solutions
A number of hedge funds have recently made changes to their positions in MSI. Synergy Asset Management LLC purchased a new stake in Motorola Solutions during the 4th quarter worth $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions in the fourth quarter worth about $26,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at about $29,000. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions during the 3rd quarter valued at about $29,000. Finally, SBI Securities Co. Ltd. acquired a new position in Motorola Solutions during the 4th quarter worth approximately $30,000. Institutional investors and hedge funds own 84.17% of the company’s stock.
About Motorola Solutions
Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.
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