Downgrades Buy Neutral X

SQNS Sequans Communications

B. Riley Securities

$6.50 $3.03

Reiterated Buy X

SQNS Sequans Communications

Needham

$11 $9

Reiterated Buy X

SQNS Sequans Communications

Needham

$3 $2.50

Reiterated Buy X

SQNS Sequans Communications

B. Riley FBR, Inc.

$2.75 $2.50

SQNS  Sequans Communications S.A. ADS, each representing one Ordinary Share

Sequans Communications SA is a fabless designer, developer and supplier of fourth Generation long term evolution (4G LTE) semiconductor solutions for wireless broadband applications, with a specific focus on the single-mode device market. Its semiconductor solutions integrate baseband processor and radio frequency (RF) transceiver integrated circuits (ICs) along with its signal processing techniques, algorithms and software stacks. In the broadband data device market, its solutions serve as the wireless communications platform in devices, such as smartphones; Universal Serial Bus (USB) dongles; portable routers; embedded wireless modems for laptops, tablets, and other consumer multimedia devices; and customer-premises equipment, such as fixed wireless access modems, routers and residential gateways. The Company's products include SQN3330, SQN3223, SQN3221, SQN3241, VZ120Q, VZ22Q, VZ22M, US60L, SQN3220, SQN3240, SQN3120, SQN5120, SQN3140, VZ20Q, VZ20M, SQN1210 and SQN1220.