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Fly News Breaks for February 14, 2019
SWIR
Feb 14, 2019 | 07:05 EDT
First Analysis analyst Howard Smith downgraded Sierra Wireless to Neutral and lowered his price target for the shares to $12 from $25. The analyst views the company's 2019 guidance as "very weak." Execution challenges and macro factors are pushing the margin and earnings expansion story "far into the future," Smith tells investors in a research note.
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