
Brokerage UBS starts coverage of Motorola Solutions MSI.N with a "buy" rating and a $490 PT
PT implies an 18.6% upside to the stock's last close
UBS says it expects a recovery in MSI’s core Land Mobile Radio (LMR) business in 2026 after a slowdown in 2025
Brokerage says that Motorola has transformed into a broader public safety and security solutions company, with a much larger addressable market than a decade ago
UBS notes that Motorola Solutions’ $4.4 billion acquisition of Silvus, announced in May and expected to close later this year, will add advanced secure communications and autonomous systems to its portfolio, with the deal projected to increase 2026 revenues by 2-3% and have a positive impact on earnings
As of last close, MSI stock down 11.6% YTD