Motorola: Revival of the Mobile Device Spin Off Plan?

Is Motorola (MOT) going to dust off its plan to spin off its handset business as a separate public company?

Oppenheimer analyst Ittai Kidron thinks so. In a research note this morning, Kidron asserted that “management could revisit the planning process for the Mobile Device spin-off in the near future, which would signal growing confidence in the upcoming [handset] portfolio and raise the likelihood of unlocking the unit’s value.”

Kidron today repeated his Outperform rating on the stock, and increased his target price to $7, from $5. He said the company is not likely to miss estimates for Q1, and adds that there is even “a small chance for upside as both handset ASP and margins could be better than expected.”

Read the rest of this post on the original site


Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »