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MSI

Motorola Solutions

$91.01

-1.2 (-1.30%)

07:09
07/31/17
07/31
07:09
07/31/17
07:09

Motorola Solutions files proceedings in Australia against Hytera Communications

Motorola Solutions announced that it has commenced patent infringement proceedings against Hytera Communications of Shenzhen, China and Hytera Communications Australia in the Federal Court of Australia by filing an Originating Application and Statement of Claim. This legal action follows the patent infringement and trade secret misappropriation complaints filed by Motorola Solutions against Hytera in the U.S. District Court for the Northern District of Illinois on March 14, 2017; the patent infringement complaint filed with the U.S. International Trade Commission on March 29, 2017; and the patent infringement complaints filed with the Regional Court of Dusseldorf in Germany on April 18, 2017 and with the Regional Court of Mannheim in Germany on July 24, 2017. The Statement of Claim filed on July 31, 2017 asserts that certain Hytera digital mobile radios offered in Australia infringe three of Motorola Solutions' Australian patents, AU2005275355, AU2006276960 and AU2009298764. Motorola Solutions seeks a declaration from the Court that Hytera has infringed Motorola Solutions' patents and an order permanently restraining Hytera from continued infringement, as well as damages and such additional relief as the Court deems appropriate.

  • 03

    Aug

  • 29

    Aug

MSI Motorola Solutions
$91.01

-1.2 (-1.30%)

05/30/17
NRCS
05/30/17
UPGRADE
NRCS
Buy
Motorola Solutions upgraded to Buy from Neutral at Northcoast
05/26/17
JEFF
05/26/17
NO CHANGE
Target $100
JEFF
Buy
Jefferies feels 'very good' about risk/reward on Motorola Solutions
After looking into the company's business, Jefferies analyst George Notter says he feels "very good" about the risk/reward in shares of Motorola Solutions. The company is not seeing any slowdown in its Federal business, and management tends to set conservative expectations, Notter tells investors in a research note. He's still surprised that the guidance three weeks ago wasn't viewed more positively. The analyst reiterates a Buy rating on Motorola Solutions with a $100 price target.
05/22/17
05/22/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Qualcomm (QCOM) upgraded to Overweight from Neutral at JPMorgan with analyst Rod Hall saying while more negative news from the Apple (AAPL) royalty suit is likely, "material fundamental upside" exists from the closure of the NXP Semiconductors (NXPI) by the end of this year. The analyst views the deal as highly accretive. Hall also believes Apple ultimately will want to preserve its commercial relationship with Qualcomm. 2. Motorola Solutions (MSI) upgraded to Outperform from Market Perform at Raymond James with analyst Tavis McCourt saying shares look increasingly attractive based on improved demand visibility that is less economically sensitive than many of its peers, and demand catalysts from FirstNet buildouts that are expected to start in 2018. 3. Entegris (ENTG) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Toshiya Hari citing the recent pullback in shares and maintained a $29 price target. 4. Blackstone (BX) upgraded to Buy from Neutral at Citi with analyst William Katz saying the company's intentions to raise a $40B infrastructure fund should be a "valuation catalyst." 5. Cree (CREE) upgraded to Outperform from Market Perform at JMP Securities with analyst Joseph Osha saying he thinks that the company's new CEO could make positive changes at the company. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/22/17
RAJA
05/22/17
UPGRADE
Target $95
RAJA
Outperform
Motorola Solutions upgraded to Outperform on valuation at Raymond James
Raymond James upgraded Motorola Solutions to Outperform from Market Perform and established a $95 price target. Analyst Tavis McCourt said shares look increasingly attractive based on improved demand visibility that is less economically sensitive than many of its peers, and demand catalysts from FirstNet buildouts that are expected to start in 2018.

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Reference Link

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