Investing
Goldman Sachs Upgrades Motorola (MOT), Adds To Conviction Buy List
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Goldman Sachs upgraded Motorola (NYSE: MOT) from Neutral to Buy and added the stock to its Conviction Buy List with a $7 price target, citing valuation.
Goldman said the stock price implies a negative $5 billion value for the handset business which the firm said is overly negative, according to MarketWatch.
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