Jefferies raised the firm’s price target on Motorola Solutions to $385 from $375 and keeps a Buy rating on the shares. The firm’s updated analysis of newly enacted fiscal 2024 budgets across 15 of the largest cities in the U.S. suggests that Motorola Solutions should continue to benefit from a strong macro spending environment, says the analyst, who continues to see “good potential upside.”
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
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 files automatic mixed securities shelf
- Motorola Solutions Appoints New Director to Expanded Board
- Motorola Solutions Acquires Silent Sentinel, a Provider of Specialized, Long-Range Cameras
- Motorola Solutions acquires Silent Sentinel, terms not disclosed
- Motorola Solutions Buyback of Convertible Notes from Silver Lake