Filed under: Analyst upgrades and downgrades, Motorola (MOT), Options

Motorola (NYSE: MOT) is recently trading at $13.05 in pre-open trading, above its close of $11.50.

Smith Barney says: “The company is finally exploring a structural and strategic realignment of its business. We believe that this will serve as a meaningful catalyst to MOT shares as investors will look past the drag from the underperforming handset business.” Smith Barney upgraded MOT to Buy.

MOT overall option implied volatility of 40 is above its 26-week average of 34 according to Track Data, suggesting larger risk.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Read | Permalink | Email this | Comments

Share This

This entry was posted on Friday, February 1st, 2008 at 2:06 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.