GoPro (GPRO) Tops Q2 EPS by 2c

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Dougherty Downgrades GoPro (GPRO) to Neutral; Multiple Viewed as Too High

August 1, 2014 8:56 AM EDT

Dougherty & Co downgraded GoPro (NASDAQ: GPRO) from Buy to Neutral and removed its price target (prior $28). The change follows Q2 results and is tied to valuation.

Analyst Charlie Anderson said, "We believe GoPro has established itself as one... More