Sierra Wireless Rises On Upgrade In Rating

Shares of Sierra Wireless Inc

moved up after analysts at Jefferies upgraded the company from “hold” to “buy.” SWIR's shares gained 2.76% to $10.80 at 9:44 am. Jefferies has also raised its price target on the stock to $12 from $9. Shares of Sierra Wireless have gained 25.57% over the past month and lost 0.85% so far this year.