On Wednesday, analysts at Piper Jaffray Commented on shares of Go Pro Inc. GPRO.
Analyst Sean Naughton says Go Pro Inc. is poised for a strong holiday season with upside to guidance.
Naughton notes that All of Go Pro’s capture devices have ranked in top 100 electronics best sellers on Amazon on rolling 3-day basis since early Oct. and devices are featured in many Black Friday ads.
In addition, he sees Ambarella results as next catalyst for Go Pro and notes a strong relationship between Ambarella forecasts and Go Pro sales.
Shares of Go Pro are up 2 percent Wednesday morning.
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