Raymond James Believes Motorola Solutions (MSI) Won’t Stop Here


Raymond James analyst Adam Tindle reiterated a Buy rating on Motorola Solutions (MSI) today and set a price target of $210.00. The company’s shares closed last Thursday at $188.03, close to its 52-week high of $192.84.

According to TipRanks.com, Tindle is a 3-star analyst with an average return of 6.1% and a 51.0% success rate. Tindle covers the Technology sector, focusing on stocks such as Ping Identity Holding, Insight Enterprises, and Palo Alto Networks.

Motorola Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $215.00, representing a 15.9% upside. In a report released today, Citigroup also maintained a Buy rating on the stock with a $225.00 price target.

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Motorola Solutions’ market cap is currently $31.84B and has a P/E ratio of 34.10. The company has a Price to Book ratio of -7.84.

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Illinois-based Motorola Solutions, Inc. is a communications equipment company, which provides communication infrastructure, devices, accessories, software and services. It operates through two segments: Products and Systems Integration, and Services and Software.

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