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Fly News Breaks for February 10, 2017
MSI
Feb 10, 2017 | 07:20 EDT
Credit Suisse analyst Kulbinder Garcha has fielded multiple inquiries around the bear case on Motorola Solutions, noting that he questions the validity of the recent concerns. The analyst believes that the 2017 guidance will prove conservative given organic growth returning to the business and solid cost management, and sees the recent weakness as a buying opportunity. He reiterates an Outperform rating and $90 price target on the shares.
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