The firms are positive on MOT, given its attractive valuation, continued revenue growth, relative stability in several key end markets; new program wins for the overall business, and margin improvements from restructuring. The firms believe Motorola still has ample undervalued assets from tangible to intangible property, and it is still a well-regarded brand. Despite the poor near-term outlook and financials, they think that on a longer-term basis, the Company offers meaningful valuation upside.