FBN Securities Downgrades GoPro (GPRO) to Sector Perform
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January 14, 2016 1:27 PM EST
Needham & Company reiterated a Hold rating on Ambarella (NASDAQ: AMBA) following GoPro's (NASDAQ: GPRO) negative 4Q pre-announcement. GoPro exposure has been the primary overhang on AMBA shares over the past six months. Needham views the new... More
January 14, 2016 9:31 AM EST
Barclays downgraded GoPro (NASDAQ: GPRO) from Overweight to Equalweight.
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 $14.61 yesterday.
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January 14, 2016 9:17 AM EST
Wedbush maintained an Outperform rating on GoPro (NASDAQ: GPRO), and cut the price target to $18.00 (from $33.00), following the company's negative 4Q pre-announcement. Q4 revenue is expected to be roughly $435 million, well below the guidance range of $500 550 million, and consensus of $512 million. The HERO4 Session has been a... More
January 14, 2016 8:37 AM EST
Down over 20% this morning to $11.68 after its fourth quarter warning, some are looking for a dead cat bounce on GoPro (NASDAQ: GPRO) today.
Short interest is high on GoPro and those shorts could move to lock in gains.
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