Information Provided By:
Fly News Breaks for February 14, 2019
SWIR
Feb 14, 2019 | 05:55 EDT
Macquarie analyst Gus Papageorgiou downgraded Sierra Wireless to Underperform and lowered his price target for the shares to $12 from $20. The analyst expects the shares to trade at the low end of their valuation range until a sales turnaround begins to occur. The company offered "disappointing" guidance and its restructuring plan is expected to take 18-24 months, Papageorgiou tells investors in a post-earnings research note titled "Restructuring and Bad Guidance."
News For SWIR From the Last 2 Days
There are no results for your query SWIR