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Fly News Breaks for January 23, 2017
MSI
Jan 23, 2017 | 09:26 EDT
MKM Partners analyst Michael Genovese lowered Motorola Solutions Q4 estimates and 2017 forecasts given some softness in the core US business related to the election/transition. Additionally, there might be some push-outs in spending on legacy first responder systems before the start of the FirstNet LTE network build expected to begin this summer, the analyst wrote. Genovese raised his price target on shares to $75 from $72 and maintains a Neutral rating.
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