sierra wireless

Shares of intellectual property licensing company Wi-LAN Inc (NASDAQ: WILN) tumbled on news that a court is granting a summary judgement in favor Apple Inc. (NASDAQ: AAPL). Wi-LAN has been in litigation with Apple along with HTC Corporation and Sierra Wireless Inc. claiming patent infringement...

J.P. Morgan reduced its price target on Sierra Wireless (NASDAQ: SWIR) from $11.50 to $10.00, while maintaining an Underweight rating, in a research report published today. In the report, J.P. Morgan states, "SWIR reported weak 1Q results and issued 2Q11 guidance that fell short of consensus. The...

Jefferies lowered its price target on Sierra Wireless (NASDAQ: SWIR) from $12 to $11, while reiterating a Hold rating, in a research report published today. In the report, Jefferies states, "Japan-related component constraints and Clearwire's exit from retail hitH1, but H2 should benefit from 4G...

Morgan Keegan reduced its price target on Sierra Wireless (NASDAQ: SWIR) from $16 to $15, while maintaining its Outperform rating, in a research report published today. In the report, Morgan Keegan states, "Based on a slight valuation discount to its peers in Sierra's two distinct end markets, we...

J.P. Morgan is expressing disappointment with Sierra Wireless, Inc.'s (NASDAQ: SWIR) 4Q10 results. The company reported PF EPS of $0.16 on sales of $167.2 million, falling short of consensus (consensus $0.23/$174.2mm) and falling short of the low end of the firm's own guidance. “The Aircard mobile...

JP Morgan has downgraded Sierra Wireless (NASDAQ: SWIR) from Neutral to Underweight and has lowered the price target from $15 to $11.50.

Jefferies is out with its report today on Sierra Wireless (NASDAQ: SWIR), lowering its price target from $15 to $12. In a note to clients, Jefferies writes, "While we continue to believe SWIR will benefit from the transition from 3G to 4G and the increasing connectivity of devices in our lives, we...

Jefferies & Company has lowered the price target on Sierra Wireless (NASDAQ: SWIR) from $15 to $12 and maintains its Hold rating.

JP Morgan has raised the price target on Sierra Wireless (NASDAQ: SWIR) from $13 to $15 and maintains its Neutral rating.