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Fly News Breaks for February 2, 2018
MSI
Feb 2, 2018 | 12:48 EDT
BMO Capital analyst Tim Long raised his price target on Motorola Solutions to $116 after a Q4 earnings beat that showed "sustained demand for land-mobile radio across both Government and Commercial segments". Long adds that the Q1 and 2018 outlook for LMR is also positive despite the complementary LTE rollouts. The analyst keeps his Outperform rating, pointing to upside catalysts of "organic growth, software, and FirstNet" playing out further.
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