Barclays raised the firm’s price target on Motorola Solutions (MSI) to $529 from $467 and keeps an Overweight rating on the shares post the earnings report. The firm says video software strength offset product weakness brought on by customers’ shift from on premise to cloud.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSI:
- Motorola Solutions Reports Strong Q3 2024 Results
- Motorola Solutions reports Q3 adjusted EPS $3.74, consensus $3.38
- Motorola Solutions sees FY24 adjusted EPS $13.63-$13.68, consensus $13.33
- Motorola Solutions price target raised to $512 from $440 at JPMorgan
- MSI Earnings Report this Week: Is It a Buy, Ahead of Earnings?