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Credit Suisse cut their target price on shares of Motorola Solutions (NYSE:MSI) from $70.00 to $65.00 in a research note issued on Wednesday. Credit Suisse’s price objective indicates a potential upside of 5.88% from the stock’s previous close.

A number of other analysts have also recently weighed in on MSI. Analysts at Tigress Financial downgraded shares of Motorola Solutions from a “buy” rating to a “neutral” rating in a research note on Friday, July 11th. Separately, analysts at Mizuho downgraded shares of Motorola Solutions from a “neutral” rating to an “underperform” rating in a research note on Thursday, May 22nd. They now have a $56.00 price target on the stock, down previously from $63.00. Finally, analysts at Zacks downgraded shares of Motorola Solutions from a “neutral” rating to an “underperform” rating in a research note on Wednesday, May 21st. They now have a $60.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $63.64.

Shares of Motorola Solutions (NYSE:MSI) traded down 0.50% during mid-day trading on Wednesday, hitting $61.08. The stock had a trading volume of 1,389,684 shares. Motorola Solutions has a one year low of $55.70 and a one year high of $68.33. The stock’s 50-day moving average is $65.86 and its 200-day moving average is $65.51. The company has a market cap of $15.527 billion and a P/E ratio of 15.73.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Tuesday, August 5th. The company reported $0.47 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.63 by $0.16. The company had revenue of $1.39 million for the quarter, compared to the consensus estimate of $1.96 million. During the same quarter last year, the company posted $1.12 earnings per share. Motorola Solutions’s revenue was down 6.9% compared to the same quarter last year. On average, analysts predict that Motorola Solutions will post $3.63 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, October 15th. Shareholders of record on Monday, September 15th will be paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 2.22%. The ex-dividend date is Thursday, September 11th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.31.

Motorola Solutions, Inc (NYSE:MSI) provides communication infrastructure, devices, software and services.

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