Northland Securities Downgrades Sierra Wireless To Market Perform

Analysts at Northland Securities downgraded Sierra Wireless Inc. SWIR from Outperform to Market Perform. The price target for Sierra Wireless has been raised from $33 to $40. Sierra Wireless shares have jumped 81.85% over the past 52 weeks, while the S&P 500 index has gained 12.39% in the same period. Sierra Wireless' shares rose 0.76% to $47.75 in pre-market trading.