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eastunder

01/05/16 11:21 AM

#9693 RE: eastunder #9692

NEW YORK (TheStreet) -- GoPro (GPRO - Get Report) shares are soaring 7.6% to $20.11 on Tuesday morning following positive remarks from JPMorgan ahead of the 2016 Consumer Electronics Show.

The firm maintained its "overweight" rating on the stock with a $45 price target.

More than 3,000 companies will show their latest innovations at the showcase event from January 6 to January 9 in Las Vegas, which is projected to display plenty of drones.