Motorola shares are trading higher after B of A Securities initiated coverage on the stock with a Buy rating and $330 price target.
Portfolio Pulse from Bill Haddad
Bank of America Securities has initiated coverage on Motorola Solutions Inc. (MSI) with a Buy rating and a price target of $330. This has led to an increase in the trading of Motorola shares.
October 09, 2023 | 5:57 pm
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Motorola Solutions Inc. (MSI) has received a Buy rating from Bank of America Securities with a price target of $330, leading to increased trading of its shares.
The initiation of coverage by Bank of America Securities with a Buy rating and a high price target indicates a positive outlook for Motorola Solutions Inc. This news has already led to increased trading of its shares, suggesting that investors are reacting positively to this development. Therefore, in the short term, the stock price is likely to go up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100