Citi Maintains Hold on Motorola Solutions

Citi is out with its report today on Motorola Solutions (NYSE: MSI), maintaining Hold.

In a note to clients, Citi writes, "Acknowledging strong YTD performance, we maintain Hold/High Risk on lingering concerns related to state/local & retail verticals, and what we view as full valuation."

Shares of MSI closed Friday at $45.08, down 1.40% from Thursday's close.