Deutsche Bank analyst Matt Niknam initiated coverage of Motorola Solutions with a Buy rating and $350 price target. The analyst says the company’s “unique exposure” to both public and enterprise safety spending is a “key differentiator.” A heightened focus on safety and security is likely to remain a top priority and secular theme looking forward, with additional revenue tailwinds stemming from government stimulus over time, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on MSI:
- Motorola Solutions price target raised to $360 from $348 at JPMorgan
- Motorola Solutions price target raised to $352 from $333 at Barclays
- Motorola Solutions acquires IPVideo, terms not disclosed
- Motorola Solutions price target raised by $35 at Morgan Stanley, here’s why
- Motorola Solutions price target raised to $370 from $330 at BofA