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Citron Research Exhorts Analysts To Upgrade GoPro As Stock Tumbles

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In a tweet Friday morning, Andrew Edward Left's Citron Research urged Wall Street to upgrade GoPro Inc's (NASDAQ: GPRO) stock, which is down about 3 percent at $47.10 on Friday, 25 percent year-to-date and 35 percent over the past three months.

Although Left is known for his activist short-selling, some Twitter users speculate with him being long, and thus wanting the stock to surge on a positive rating.

However, the company has seen no major Wall Street research firms weigh in on its stock for more than a month. Here are the latest ratings from the last quarter.

  • JP Morgan: Overweight, $70 price target
  • Wedbush: Outperform, $98
  • Pacific Crest: Sector Perform
  • Piper Jaffray: Neutral, $90
  • Barclays: Equal-weight, $60
  • JMP Securities: Market Outperform, $105

The lowest of these price targets implies a potential upside of approximately 27 percent.

Latest Ratings for GPRO

DateFirmActionFromTo
Sep 2018UpgradesPerformOutperform
May 2018MaintainsNeutralNeutral
Mar 2018MaintainsNeutralNeutral

View More Analyst Ratings for GPRO
View the Latest Analyst Ratings

Posted-In: Andrew Edward Left BarclaysNews Short Sellers Price Target Intraday Update Analyst Ratings Movers

 

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