Analyst Rating Update on Motorola Solutions (MSI)

Motorola Solutions (NYSE:MSI) : Zacks Investment Research ranks Motorola Solutions (NYSE:MSI) as 3, which is a Hold recommendation. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 10 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 3.25, which indicates as a Hold.

Motorola Solutions (NYSE:MSI) : 9 Wall Street analysts covering Motorola Solutions (NYSE:MSI) believe that the average level the stock could reach for the short term is $69.72. The maximum price target given is $75 and the minimum target for short term is around $65, hence the standard deviation is calculated at $3.83.

Company shares have received an average consensus rating of Hold for the current week Also, Citigroup initiates coverage on Motorola Solutions (NYSE:MSI). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Citigroup announces a current price target of $73 per share. The rating by the firm was issued on June 20, 2016.

Motorola Solutions (NYSE:MSI): stock turned positive on Tuesday. Though the stock opened at $63.61, the bulls momentum made the stock top out at $63.81 level for the day. The stock recorded a low of $62.82 and closed the trading day at $63.69, in the green by 0.97%. The total traded volume for the day was 2,158,038. The stock had closed at $63.08 in the previous days trading.

In an insider trading activity,The officer (EVP, Strategy & IO) of Motorola Solutions, Inc., Conrado Eduardo F sold 976 shares at $70.08 on May 17, 2016. The Insider selling transaction had a total value worth of $68,398. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Motorola Solutions, Inc. provides communication infrastructure, devices, accessories, software and services. The Company operates business in two segments: Products and Services. The Products segment offers a portfolio of infrastructure, devices, accessories and software. The primary customers of the Products segment are Government, public safety and first-responder agencies, municipalities, and commercial and industrial customers. The Products segment has two principal product lines: devices and systems. The Services segment provides a set of service offerings for Government, public safety and commercial communication networks. The Services segment has the following principal product lines: Integration services, Lifecycle Support services, Managed services, Smart Public Safety Solutions and Integrated Digital Enhanced Network (iDEN) services. The Company serves customers in more than 100 countries.

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