Form 10-Q GoPro, Inc. For: Sep 30

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JPMorgan Downgrades GoPro (GPRO) to Neutral

November 4, 2022 5:36 AM EDT

JPMorgan analyst Paul Chung downgraded GoPro (NASDAQ: GPRO) from Overweight to Neutral with a price target of $6.00 (from $9.00).

The analyst comments "GoPro posted 3Q22 results slightly ahead of expectations though 4Q guide missed materially, driven by FX, and reduction in inventories at big box... More