Motorola Solutions Inc. (MSI) PT Lowered to $525 at Truist Securities, sees favorable risk reward

Truist Securities analyst Matthew Niknam lowered the price target on Motorola Solutions Inc. (NYSE: MSI) to $525.00 (from $540.00) while maintaining a Buy rating.

The analyst commented: "At a time when valuations for most of our coverage group sit at/near all-time highs, MSI has reset back near its 5-year historical average, with 2027E P/E now at 22.7x. Given MSI's leadership in the highly defensive public safety market, increasingly sticky revenue mix, accelerating top-line growth (underpinned by accelerating order trends/ pipeline), and our above consensus estimates, we see a favorable risk/reward backdrop at current levels."

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