GoPro (GPRO) Slips Lower Following Ambarella's (AMBA) Weak Q4 Outlook
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GoPro (GPRO) PT, Estimates Cut at Cowen on Signs of Inventory Overhang
December 7, 2015 9:22 AM ESTCowen maintained a Market Perform rating on GoPro (NASDAQ: GPRO), and cut the price target to $18.00 (from $24.00), following negative AMBA commentary, and another HERO4 price cut. Per commentary on AMBA's 3Q call, weakness in the wearable sports camera market is expected to... More
Piper Trims Q4 Ests on GoPro (GPRO) Following Ambarella's (AMBA) Q3 Report, Outlook
December 4, 2015 7:39 AM ESTPiper Jaffray is adjusting estimates on GoPro (Nasdaq: GPRO) following quarterly results from Ambarella (Nasdaq: AMBA) on Thursday night.
Analst Erinn Murphy commented: "We are lowering our Q4 sales estimate on GPRO following Ambarella's Q3 earnings results, in which... More
Ambrella (AMBA) Numbers Cut at Needham & Company as Weak Wearable Sports Cameras Weigh
December 4, 2015 7:30 AM ESTNeedham & Company Hold Ambarella (NASDAQ: AMBA) following the company's 3Q earnings report. AMBA delivered much stronger than expected F3Q16 results, led by strength in IP security, automotive and flying cameras. Ambarella reported F3Q16 revenue of $93.2MM, up 41.9% Y/Y and slightly above the high-end of guidance of $90MM-$93MM.... More
Baird Downgrades GoPro (GPRO) to Neutral
December 4, 2015 6:34 AM ESTBaird downgraded GoPro (NASDAQ: GPRO) from Outperform to Neutral with a price target of $18.00 (from $36.00).
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 $18.93 yesterday.
... MoreGoPro (GPRO) Announces $199 HERO4 Session
December 4, 2015 6:28 AM ESTGoPro, Inc. (NASDAQ: GPRO) is making it easier than ever to self-capture and share 'wow' footage of your favorite activities with the newly priced $199 HERO4 Session. GoPro's smallest and most convenient camera, HERO4 Session is about the size an ice-cube, weighs only 2.6 ounces and features a simple one-button, waterproof design that can go where no... More
