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MSI

Motorola Solutions

$115.95

-0.51 (-0.44%)

20:01
07/03/18
07/03
20:01
07/03/18
20:01

Motorola Solutions says ITC judge finds Hytera infringed four patents

Motorola Solutions announced that Administrative Law Judge Mary Joan McNamara of the U.S. International Trade Commission has issued a favorable Notice of Initial Determination in its investigation of the patent infringement complaint filed by Motorola Solutions on March 29, 2017 against Hytera Communications Corporation Limited. In the complaint, Motorola Solutions alleged that Hytera is unlawfully importing and selling two-way radio equipment and systems and related software and components that infringe four of Motorola Solutions' patents. These patents pertain to technologies central to the operation of Hytera's professional and commercial radio products available today. As part of the Initial Determination, Judge McNamara found that all four of Motorola Solutions' patents are valid, Hytera has infringed them, and Motorola Solutions met the legal requirement of showing a "technical domestic industry" on three of the four patents, the company said in a statement. Judge McNamara also recommended an exclusion order preventing the importation of infringing products into the United States for Motorola Solutions' U.S. Patents No. 7,369,869, 7,729,701 and 8,279,991, as well as a cease-and-desist order preventing the further sale and marketing of certain infringing products imported into the United States. A Final Determination by the ITC is scheduled to be issued by Nov. 6, 2018.

MSI Motorola Solutions
$115.95

-0.51 (-0.44%)

06/13/18
JEFF
06/13/18
NO CHANGE
Target $125
JEFF
Buy
Motorola Solutions risk/reward remains compelling, says Jefferies
After spending time with management, Jefferies analyst George Notter says the risk/reward for Motorola Solutions remains compelling, even at $113 per share. The analyst thinks management will continue to find ways to leverage the company's dominant position as the "trusted partner" for Public Safety organizations. He keeps a Buy rating on Motorola Solutions with a $125 price target.
03/16/18
BTIG
03/16/18
INITIATION
Target $137
BTIG
Buy
Motorola Solutions initiated with a Buy at BTIG
BTIG analyst Walter Piecyk started Motorola Solutions with a Buy rating and $137 price target. The company is positioned to benefit from the modernization of public safety, Piecyk tells investors in a research note. The analyst likes the company's rising mix of recurring revenue, which he notes now represents approximately one-third of EBITDA.
03/01/18
JEFF
03/01/18
NO CHANGE
Target $125
JEFF
Buy
Motorola Solutions risk/reward remains compelling, says Jefferies
Jefferies analyst George Notter says Motorola Solutions' analyst day bolstered his confidence in the business. The stock's risk/reward remains compelling, even at $106 per share, Notter tells investors in a research note. He raised his price target for the stock to $125 from $120 and reiterates a Buy rating on the name. The analyst likes the Avigilon deal and does not believe the Street is fulling appreciating it.
03/01/18
DBAB
03/01/18
NO CHANGE
Target $125
DBAB
Buy
Motorola Solutions price target raised to $125 from $120 at Deutsche Bank
Deutsche Bank analyst Vijay Bhagavath raised his price target for Motorola Solutions to $125 after attending the company's analyst meeting. The analyst increased his estimates to reflect continuing positive demands trends for Motorola Solutions' Public Safety Devices, Systems, and Managed Services. He believes the company is well positioned to benefit from the transition to the cloud and keeps a Buy rating on the shares.

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