Sierra Wireless (SWIR) to Acquire Wireless Maingate in $90M Cash Deal

Go back to Sierra Wireless (SWIR) to Acquire Wireless Maingate in $90M Cash Deal

Sierra Wireless (SWIR) PT Raised to $53 at Canaccord Genuity

December 23, 2014 9:40 AM EST

Canaccord Genuity analyst analyst Michael Walkley reiterated a Buy rating and boosted his price target on Sierra Wireless (NASDAQ: SWIR) to $53.00 (from $36.00) following the agreement to acquire Wireless Maingate for $90M in cash, which is expected to be immediately accretive and close in February... More

Jefferies Starts Sierra Wireless (SWIR) at Hold

December 18, 2014 7:35 AM EST

Jefferies initiates coverage on Sierra Wireless (NASDAQ: SWIR) with a Hold rating and a price target of $42.00.

Analyst James Kisner commented, "Sierra Wireless is the market share leader in the Machine-to-Machine (M2M) module market and should benefit from the Internet-of-Things (IoT)... More