UBS lifts Motorola (MOT) to Buy with a new price target of $11.50. "Near-term news flow includes...

|By:, SA News Editor

UBS lifts Motorola (MOT) to Buy with a new price target of $11.50. "Near-term news flow includes another new Android product in the coming weeks, operator announcements and channel fill into Q4," firm says. "Motorola is not defending share, likely only has share upside in smartphones, and is likely to be an aggressor on pricing." MOT +2.1% to $8.86 premarket.