Vancouver-based network and software solutions company Sierra Wireless (Sierra Wireless Stock Quote, Chart, News TSX:SW) has seen its struggles to grow its IoT business reflected in its share price, which has tumbled almost without pause over the past two years. The problem, according to portfolio manger Kim Bolton, is that the company’s efforts aren’t showing […]National Bank Financial cools on Sierra Wireless; cuts target
The long term outlook may look fine for Sierra Wireless (Sierra Wireless Stock Quote, Chart, News TSX:SW) but forget about the short and medium term, says National Bank Financial analyst Richard Tse, who in an update to clients on Tuesday reviewed the company’s latest quarterly results. Shares of Sierra Wireless were down markedly in trading […]
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