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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
Feb 2017BairdDowngradesNeutralUnderperform
Feb 2017Raymond JamesDowngradesMarket PerformUnderperform
Jan 2017Longbow ResearchDowngradesNeutralUnderperform

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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