Sierra Wireless upgraded to Outperform from Sector Perform at RBC Capital RBC Capital upgraded Sierra Wireless following the planed sale of its AirCard unit. The firm believes shares will re-rate towards its M2M peers and views M2M as a compelling growth opportunity. Price target raised to $13 from $9.
Sierra Wireless says Itron selects AirPrime 2G, 3G, 4G LTE cellular modules Sierra Wireless (SWIR) announced that Itron (ITRI) has selected Sierra Wirelessís AirPrime 2G, 3G, and 4G LTE cellular modules for Itronís OpenWay smart grid solutions worldwide. Itron and Sierra Wireless have collaborated to serve joint customers in the energy industry for several years.