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Wednesday, 09/26/2018 7:48:24 AM

Wednesday, September 26, 2018 7:48:24 AM

Post# of 10056
Oppenheimer analyst Andrew Uerkwitz upgraded GoPro (NASDAQ: GPRO) from Perform to Outperform with a price target of $9.00.

The analyst comments "We argued that GoPro has done everything it can to position itself for success. After seeing the new product launch, we are confident to raise already Street-high estimates as well as upgrade the stock to Outperform with a $9 price target. With compelling features such as live streaming and gimbal-like image stabilization, we believe the products are compelling. This should be enhanced by targeted marketing and a vastly improved software editing suite (something GoPro has quietly improved over the last 18 months)."


https://www.streetinsider.com/Analyst+Comments/Oppenheimer+Upgrades+GoPro+%28GPRO%29+to+Outperform/14643348.html
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