GoPro (GPRO) Sees Q3 Revs and Gross Margin at High-End

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GoPro (GPRO) PT Raised to $9.50 at Morgan Stanley Following 3Q Preannouncement

September 8, 2017 10:05 AM EDT

Morgan Stanley raised its price target on GoPro (NASDAQ: GPRO) to $9.50 (from $8.50) while maintaining a Equalweight rating following the company's 3Q preannouncement. Management's revised Q3 guidance includes HERO6 shipments to distributors implying that the product launch is on schedule.

Morgan Stanley's new Q3 and 2017... More