BofA Maintains Buy Rating on Motorola (MSI), Keeps $520 PT

Following Motorola Solutions Inc.’s (NYSE:MSI) acquisition of Silvus Technologies Inc., Bank of America Securities analyst Tomer Zilberman reiterated a Buy rating and maintained a price target of $520.

Silvus Technologies Inc. is a wireless radio manufacturer specializing in MIMO (Multiple Input, Multiple Output) communication technology. The all-cash deal is valued at $4.4 billion. Silvus was previously owned by private equity firm TJC (earlier known as The Jordan Company), which acquired it in 2019.

Zilberman believes the acquisition will be highly accretive, contributing meaningfully to both revenue and earnings growth. He expects Silvus to deliver strong topline and profitability gains in 2025, which will enhance Motorola’s long-term growth outlook.

The analyst also sees strategic benefits from the acquisition, particularly in expanding Motorola’s service capabilities and improving alignment with the needs of the U.S. Department of Defense and the Department of Homeland Security.

Additionally, Zilberman notes that the deal opens up new growth avenues in unmanned and autonomous systems. He views the transaction as a strong positive, especially for Motorola’s Land Mobile Radio segment, which is already outperforming the market. The acquisition is expected to help sustain that momentum.

He also anticipates an improvement in Motorola’s valuation due to its enhanced growth profile and expected integration synergies.

Motorola Solutions is a global technology, communications, and security company. It provides high-tech security and mission-critical communication products for businesses and governments.

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