Citron Research Exhorts Analysts To Upgrade GoPro As Stock Tumbles
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.
$GPRO will one of you analysts PLEASE upgrade this stock, where is incompetence when you need it??
— Citron Research (@CitronResearch) January 16, 2015
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
|Feb 2017||Raymond James||Downgrades||Market Perform||Underperform|
|Jan 2017||Longbow Research||Downgrades||Neutral||Underperform|
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