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Fly News Breaks for May 5, 2017
SWIR
May 5, 2017 | 07:34 EDT
Canaccord analyst T. Michael Walkley raised his price target on Sierra Wireless to $30 from $25 following strong Q1 results. The analyst cited the company's increased guidance, strong trends across all units, and the company's opportunity to benefit from broader IoT trends. Walkley reiterated his Buy rating on Sierra Wireless shares.
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