Downgrades Buy Hold X

SWIR Sierra Wireless

Canaccord Genuity

Initiated Outperform X

SWIR Sierra Wireless

William Blair

Initiated Buy X

SWIR Sierra Wireless

Craig Hallum

$22

Initiated Buy X

SWIR Sierra Wireless

B. Riley Securities

$23.50

Downgrades Outperform Neutral X

SWIR Sierra Wireless

First Analysis Sec

$25 $12

Downgrades Neutral Underperform X

SWIR Sierra Wireless

Macquarie

Downgrades Strong Buy Outperform X

SWIR Sierra Wireless

First Analysis Sec

$31 $25

Upgrades Sec Underperform Neutral X

SWIR Sierra Wireless

CIBC

Upgrades Neutral Buy X

SWIR Sierra Wireless

ROTH Capital

SWIR  Sierra Wireless, Inc.

Sierra Wireless, Inc. is engaged in building the Internet of Things (IoT) with wireless solutions for organizations. The Company's OEM Solution segment offers cellular embedded wireless modules for IoT connectivity, including an embedded application framework to support customer applications. The Company's Enterprise Solution segment offers intelligent routers and gateways, including management tools and applications that enable cellular connectivity. The Company's Cloud and Connectivity Services segment offers a cloud based platform for deploying and managing IoT applications, Smart SIM supported by mobile core networks, and managed wireless broadband services to enable customer IoT deployments. The Company offers a portfolio of second generation, third generation, and fourth generation cellular embedded wireless modules and gateways, integrated with its secure cloud and connectivity services. The Company offers its products to original equipment manufacturers (OEMs) and enterprises.