Motorola V710
Release mentioned on Investors.com
Ratings roundup
In other calls from the sell-side, Thomas Weisel Partners bumped its recommendation on Motorola (MOT) up to "outperform" from "peer perform" while also raising earnings estimates for the fiscal 2004 and fiscal 2005.
Underpinning the upgrade was strength was continued strong momentum in handsets with checks showing the handset division performance tracking strongly near-term while new handset product introductions could make for a better than expected second half.
"With a slate of new product introductions around the bend, MOT's second half 2004 performance could turn out to be better than the 'worst case' scenario we have been building into our model," analyst Hasan Imam wrote in a note to clients.
Imam also noted...
(continues)
In other calls from the sell-side, Thomas Weisel Partners bumped its recommendation on Motorola (MOT) up to "outperform" from "peer perform" while also raising earnings estimates for the fiscal 2004 and fiscal 2005.
Underpinning the upgrade was strength was continued strong momentum in handsets with checks showing the handset division performance tracking strongly near-term while new handset product introductions could make for a better than expected second half.
"With a slate of new product introductions around the bend, MOT's second half 2004 performance could turn out to be better than the 'worst case' scenario we have been building into our model," analyst Hasan Imam wrote in a note to clients.
Imam also noted...
(continues)
...
