Motorola: Jefferies ups target price
(CercleFinance.com) - On Wednesday an analyst at Jefferies confirmed his "buy" recommendation on the Motorola stock, after spending a few days at the APCO conference, which is dedicated to technology in the telecommunications sector.
“We believe we're still in the first inning on video integration with law enforcement and 911 call centers. Surveillance cameras and the ability to create alerts present a growing oppty for MSI,” the broker notes.
Jefferies has therefore raised its corresponding target price to 200 dollars.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
“We believe we're still in the first inning on video integration with law enforcement and 911 call centers. Surveillance cameras and the ability to create alerts present a growing oppty for MSI,” the broker notes.
Jefferies has therefore raised its corresponding target price to 200 dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.