J.P. Morgan: MOTR Stock Will Work Its Way Higher

J.P. Morgan is providing some color on Motricity, Inc. MOTR. “The last two days we spent in meetings with management and we walked away with a much better understanding of the outlook going forward,” J.P. Morgan writes. “We think as investors gain the same understanding, and as additional carriers are added the stock will work its way higher.” Motricity currently trades at $16.92.