Piper Jaffray Remains Bullish on GoPro (GPRO) Ahead of 2Q15 Results
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GoPro (GPRO) 'Beat and Raise' May Not Be Enough as New Product Demand Seen as 'Lukewarm' - Pacific Crest
July 17, 2015 7:18 AM EDTGoPro (NASDAQ: GPRO) demand remains steady, but response to new products is "lukewarm," said Pacific Crest Analyst Brad Erickson. Given this, a beat and raise is unlikely to erase bears' concerns, he said.
Erickson raised his 2016 EPS estimate to $1.98 from $1.88, incorporating 170,000 drones into his 2016 model. This equates to roughly $90 million of incremental revenue.
Erickson explained, "Checks indicate GoPro demand remains steady albeit... More
Notable Analyst Rating Changes 7/14: (GPRO) (DK) (URBN) Upgraded; (OWW) (PRIM) (INTC) Downgraded
July 14, 2015 10:27 AM EDTUPGRADES
Barclays boosts GoPro (Nasdaq: GPRO) from Equalweight to Overweight and moved its price target from $50 up to $65.
Goldman Sachs raises Delek US (NYSE: DK) from Neutral to Buy with a price... More
Pre-Open Stock Movers 07/14: (MU) (CYAD) (GPRO) Higher; (NAVI) (SAVE) (TNXP) Lower (more...)
July 14, 2015 9:28 AM EDTNavient (NASDAQ: NAVI) 13.9% LOWER; announced that it expects second-quarter 2015 core earnings of approximately $0.40 diluted earnings per share, or GAAP earnings of approximately $0.47 diluted earnings per share. In addition, the company revised its guidance for full-year 2015 core earnings to approximately $1.85 diluted earnings per share. *** The Street sees Q2 EPS of $0.55 and... More
Barclays Upgrades GoPro (GPRO) to Overweight
July 14, 2015 6:34 AM EDTBarclays upgraded GoPro (NASDAQ: GPRO) from Equalweight to Overweight with a price target of $65.00 (from $50.00).
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 $52.11 yesterday.
... More