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Tuff-Stuff

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Tuff-Stuff

Re: None

Tuesday, 09/30/2014 7:35:19 AM

Tuesday, September 30, 2014 7:35:19 AM

Post# of 648882
GPRO<>Citigroup raised its price target for GoPro shares to $94 after the company announced the HERO4. Citi estimates that almost half of the high-end GoPro buyers will move up to the $500 HERO4 Black, which it feels will more than offset the pricing pressure from the lower volume $130 HERO. The firm thinks GoPro shares could continue to rise if retail data points for the new products are strong in Q4, but keeps a Neutral rating on the name due to valuation

Pray for A Pain Free Day!

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