Jefferies & Company has published a research report on Motorola Solutions MSI after the company reported 4Q results and strong 2012 guidance.
In the report, Jefferies writes, "MSI's Q4 EPS upside ($0.87 vs. St $0.81) was due to Government strength, in line with our proprietary checks. Consensus is at the high end of Q1 EPS guidance; however, full-year guidance is above the Street. We continue to expect solid Government and Enterprise results slightly exceeding expectations throughout the year with a potential kicker of public safety LTE legislation passing this Spring."
Jefferies maintains its Buy rating and $58 price target on Motorola Solutions, which is currently trading down $2.62 from yesterday's $47.86 closing price.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in