Sierra Wireless Flies Higher On Stock Upgrade

By | February 2, 2015

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Sierra Wireless (SWIR) earned an upgrade from Raymond James & Associates on Monday, sending its shares higher. Raymond James analyst Steven Li raised his rating on the wireless networking company to market perform from underperform. He maintained a price target of 37, though, a price the stock has been above most of the past three months. Sierra Wireless was up 4.5% in afternoon trading in the stock market today, near 38. Li says the stock is Scalper1 News

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