Canaccord Genuity Reiterates a 'Buy' on Sierra Wireless (SWIR); CES Meeting with Management;
Tweet
Share
E-mailGet Alerts SWIR Hot Sheet
Price: $30.99 --0%
Rating Summary:
2 Buy, 16 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
2 Buy, 16 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Canaccord Genuity reiterates a 'Buy' on Sierra Wireless (NASDAQ: SWIR) price target of $9.00.
Canaccord analyst says, "During the CES conference in Las Vegas, we met with Sierra Wireless senior management. We anticipate improved sales for Sierra’s mobile computing business during 2012 as its leading customers AT&T (NYSE: T), Telstra, and Sprint (NYSE: S) increase LTE coverage and offer Sierra Wireless solutions. We also anticipate steady M2M growth. As such, we believe Sierra’s shares are attractive for longer-term investors, and we reiterate our rating."
For an analyst ratings summary and ratings history on Sierra Wireless click here. For more ratings news on Sierra Wireless click here.
Shares of Sierra Wireless closed at $7.30 yesterday.
Canaccord analyst says, "During the CES conference in Las Vegas, we met with Sierra Wireless senior management. We anticipate improved sales for Sierra’s mobile computing business during 2012 as its leading customers AT&T (NYSE: T), Telstra, and Sprint (NYSE: S) increase LTE coverage and offer Sierra Wireless solutions. We also anticipate steady M2M growth. As such, we believe Sierra’s shares are attractive for longer-term investors, and we reiterate our rating."
For an analyst ratings summary and ratings history on Sierra Wireless click here. For more ratings news on Sierra Wireless click here.
Shares of Sierra Wireless closed at $7.30 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Viking Holdings (VIK) PT Raised to $82 at Mizuho
- SentinelOne Inc (S) PT Raised to $22 at JPMorgan
- DA Davidson Starts Everus (ECG) at Buy
Create E-mail Alert Related Categories
Analyst CommentsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
