GoPro (GPRO): New Product Line Looks Solid - Oppenheimer

September 20, 2016 6:48 AM EDT
Get Alerts GPRO Hot Sheet
Price: $16.92 -1.34%

Rating Summary:
    8 Buy, 12 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 28 | New: 36
Trade GPRO Now!
Join SI Premium – FREE

Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.

Oppenheimer analyst, Andrew Uerkwitz, reiterated his Perform rating on shares of GoPro (NASDAQ: GPRO) after the company unveiled upgraded cameras (Hero5 Black and Hero5 Session), a drone (Karma), a hand-held gimbal, and more user-friendly software (Quik apps) and services (GoPro Plus) on 9/19.

The camera upgrades emphasize peripheral improvements and nice-to-have features. New software and services seek to work with hardware upgrades to reduce users' pain in managing videos. The Karma Drone has a solid industrial design and build quality. Existing GoPro users can find new purposes for their old devices by getting the $799 Karma without a camera.

For an analyst ratings summary and ratings history on GoPro click here. For more ratings news on GoPro click here.

Shares of GoPro closed at $15.31 yesterday.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Analyst Comments, Analyst EPS View

Related Entities

Andrew Uerkwitz

Add Your Comment