Motorola Solutions: Total Eclipse Of The Truth
Posted: Thu Aug 24, 2017 10:10 am
https://seekingalpha.com/article/410140 ... ipse-truth
Summary
Investors who choose to believe in the false statements from Motorola Solutions can be as blinded as those who choose to stare at a solar eclipse.
Motorola Solutions is on the wrong side of a mega-trend (LMR to LTE).
The effects of FirstNet will weaken Motorola pricing power.
70%-plus of the company’s EBITDA is monopoly priced handsets; increased discounting emerges.
$45 target reiterated.
Summary
Investors who choose to believe in the false statements from Motorola Solutions can be as blinded as those who choose to stare at a solar eclipse.
Motorola Solutions is on the wrong side of a mega-trend (LMR to LTE).
The effects of FirstNet will weaken Motorola pricing power.
70%-plus of the company’s EBITDA is monopoly priced handsets; increased discounting emerges.
$45 target reiterated.