We have maintained our Neutral recommendation on Motorola Solutions Inc. (MSI), as the top line beat the Zacks Consensus Estimate but the bottom line fell short in the recently concluded quarter. Why Kept at Neutral? The company is a market leader in the lucrative U.S. public safety market and will be able to maintain its current top-line growth in the future primarily due to the critical nature of the public safety network in the U.S. The company has won several lucrative contracts from various municipalities in the U.S. and is also expanding in Australia, the Middle East and Latin America, which will further drive the company’s revenues going forward. Motorola Solutions also entered into an agreement with Verizon Wireless (VZ) to install a standard-based public safety broadband network for mission-critical
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