GoPro (GPRO) said to recall 2500 Karma Drones
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Dougherty & Co Downgrades GoPro (GPRO) to Sell Following Drone Recall
November 9, 2016 8:03 AM ESTDougherty & Co downgraded GoPro (NASDAQ: GPRO) from Neutral to Sell with a price target of $6.00.
Analyst Charles Anderson commented, "We are lowering our rating on GoPro from Neutral to Sell and establishing a $6PT. Our concerns are threefold: 1) the company has had multiple... More
Wedbush Downgrades GoPro (GPRO) to Neutral Following Karma Recall
November 9, 2016 7:10 AM ESTWedbush downgraded GoPro (NASDAQ: GPRO) from Outperform to Neutral with a price target of $9.00 (from $12.00), noting too many missteps including the Karma recall.
Analyst Nick McKay commented, " We are downgrading shares of GoPro to NEUTRAL from OUTPERFORM, and lowering our 12-month price target to... More