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Fly News Breaks for November 9, 2018
SWIR
Nov 9, 2018 | 07:53 EDT
Canaccord analyst T. Michael Walkley raised his price target on Sierra Wireless to $32 from $28 following strong Q3 results. The analyst believes its device-to-cloud strategy will start generating improving margins with cross-selling opportunities driving strong long-term EBITDA growth. Walkley reiterated his Buy rating on Sierra Wireless shares.
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