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Fly News Breaks for April 9, 2019
MSI
Apr 9, 2019 | 07:18 EDT
Deutsche Bank analyst Vijay Bhagavath raised his price target for Motorola Solutions to $160 from $150 saying he's bullish on the next generation public safety theme. The analyst sees a $40B market opportunity with double digit annual growth potential for Motorola Solutions and peers. Video surveillance, analytics and command center solutions are secular growth drivers that are yet to be fully discounted in Motorola Solutions' trading multiple and in consensus estimates, Bhagavath tells investors in a research note. He keeps a Buy rating on the shares.
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