Market Overview

UPDATE: Piper Jaffray Downgrades GoPro Inc

Share:
Related GPRO
Exxon Mobil, Sears The Hottest Stocks Among Shorts
Can GoPro Sustain Strong Holiday Sales Into 2017 After Karma Recall?
Baird decreases revenue estimate for GoPro's Q4 (Seeking Alpha)

Shares of GoPro Inc (NASDAQ: GPRO) were trading down in Tuesday’s after-hours session following a downgrade to Neutral at Piper Jaffray, which reiterated a $90 price target.

The firm's Sean Naughton feels the stock is fairly priced based on valuation and sees little upside in the next 12 months. However, Naughton does expect continued growth in the upcoming 12 months for GoPro Inc.

Naughton noted a recent teen survey consensus showing "overwhelmingly positive" sentiment for the company.

Shares of GoPro traded recently at $91.65, down 2.2 percent from Tuesday's close.

Latest Ratings for GPRO

DateFirmActionFromTo
Jan 2017Longbow ResearchDowngradesNeutralUnderperform
Nov 2016WedbushDowngradesOutperformNeutral
Nov 2016DoughertyDowngradesNeutralSell

View More Analyst Ratings for GPRO
View the Latest Analyst Ratings

Posted-In: Piper JaffrayAnalyst Color Downgrades Price Target Analyst Ratings

 

Related Articles (GPRO)

View Comments and Join the Discussion!