Ambarella (AMBA) PT, Estimates Raised at Canaccord Genuity on Strong GoPro Guidance

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Analyst Warns of Short Squeeze in GoPro (GPRO)

April 29, 2015 10:50 AM EDT

FBN Securities maintained an Outperform rating on GoPro (NASDAQ: GPRO) and raised its price target to $80.00 (from $75.00). The change follows strong Q1 results and guidance. Analyst Shebly Seyrafi noted high short interest in the stock, and he sees potential for a short squeeze today.

"GPRO is now starting to ramp in China... More

Ambarella (AMBA) Trades Higher in Sympathy with GoPro (GPRO)

April 28, 2015 5:47 PM EDT

Ambarella (NASDAQ: AMBA) traded higher in sympathy with GoPro (NASDAQ: GPRO) after it reported strong Q1 results and guidance.

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