Piper Jaffray Downgrades GoPro (GPRO) to Neutral Following Latest Teen Survey
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GoPro (GPRO) PT, Estimates Cut at Dougherty & Co.; 'Buy' Maintained
October 13, 2015 7:44 AM EDTDougherty & Co analyst Charles Anderson lowered estimates and his price target on GoPro (NASDAQ: GPRO) to $32.00 (from $70.00) but maintained a Buy rating on valuation.
The firm is lowering estimates due to HERO4 Session misstep and unfavorable sell-through indicators (Google searches, YouTube searches, app downloads).
"We are cutting our 2H15, FY16 and FY17 camera revenue estimates significantly in the face of overwhelming evidence of a... More
Several Stocks on Watch Ahead of Piper Jaffray's Semi-Annual Taking Stock With Teens Survey
October 12, 2015 12:12 PM EDTPiper Jaffray 30th semi-annual Taking Stock With Teens survey is due tomorrow, which could potentially have market-moving impacts.
Facebook (NASDAQ: FB) is seen as one stock that could benefit from survey results. Under Armour (NYSE:... More
