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Fly News Breaks for January 23, 2017
SWIR
Jan 23, 2017 | 07:35 EDT
Raymond James analyst Steven Li upgraded Sierra Wireless to Outperform and increased its price target to $20 from $16. The analyst believes Sierra can surprise positively through the year versus lower comps as OEM buying patterns return to normal and from lower power/cost M1/NB1 modules that could open up high volume IoT use and drive significantly higher volume of connected devices.
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