Raymond James Downgrades Sierra Wireless To Underperform

Analysts at Raymond James downgraded

from Market Perform to Underperform. The price target for Sierra Wireless has been raised from $26 to $37. Sierra Wireless shares have surged 79.73% over the past 52 weeks, while the S&P 500 index has gained 8.99% in the same period. Sierra Wireless' shares slipped 4.70% to close at $44.77 yesterday.