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Fly News Breaks for February 13, 2020
SWKS, SQNS
Feb 13, 2020 | 08:37 EDT
Baird analyst Tristan Gerra raised his price target on Sequans (SQNS) to $10 from $4 and designated it as a Fresh Pick as he believes revenues are poised to rebound this year following two transition years. The analyst said revenues will be driven by its worldwide ooperator qualifications, strategic licensing deals, unfolding design winds, and its partnership with Skyworks (SWKS). Gerra reiterated his Outperform rating on Sequans shares.
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