Motorola Mobility (NYSE:MMI) Facing Near Term Pressure

Now that Motorola has split into two companies, more focus can be placed toward each one, and not unexpectedly there has been some mixed reaction from analysts on Motorola Mobility (NYSE:MMI), especially in the short term.

Even so, most have a postive outlook, and Oppenheimer started them off with an "Outperform" rating, while Gleacher and Goldman Sachs (NYSE:GS) started them off with a "BUY" rating.

Deutsche Bank (NYSE:DB) wasn't as optimistic, citing the competitve environment in the short term, which could put downward pressure on the stock.

Deutsche said, "We think management has made significant progress in reinvigorating the company’s once-tangled bureaucracy . They now have a solid roadmap for rolling out phones which holds appeal for many carriers. However, this is offset by near-term concerns about competition."

Oppenheimer also has short-term concerns for the company, also citing competitive pressures, mostly on Apple (Nasdaq:AAPL) releasing their iPhone on Verizon (NYSE:Vz).

Motorola Mobility Holdings closed their first day of trading at $33.12, gaining $2.88, or 9.52 percent.