Motorola Solutions (MSI) rises after Piper Sandler lifts price target on stronger outlook

Motorola Solutions (NYSE: MSI) shares rose 2.5% to $393.76 on May 14, 2026, after Piper Sandler raised its price target to $503 from $499 and maintained an “Overweight” rating following the company’s quarterly results and higher full-year guidance. The public safety technology company increased its 2026 revenue forecast to $12.8 billion from $12.7 billion. It also raised its non-GAAP earnings-per-share outlook to $16.87 to $16.99, up from a prior range of $16.70 to $16.85. The stock gained as much as 2.7% earlier in the session. Motorola Solutions is up 3.3% year to date but remains 19.7% below its 52-week high of $490.30, reached in September 2025.