Piper Sandler has initiated coverage on Motorola Solutions (NYSE: MSI) with a Neutral rating and a stock price of $470.72.Motorola Solutions' stock has risen by 12% over the past six months, trailing behind the S&P 500's 17% gain.The company is trading at a high valuation with a trailing P/E of 38x and a forward P/E of 32x, indicating the market has high expectations.On September 23, 2025, Piper Sandler initiated coverage on Motorola Solutions (NYSE: MSI) with a Neutral rating. At the time, the stock was pr ...