GoPro rises on bullish note ahead of Q3 earnings

By | October 28, 2014

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GoPro (GPRO) regained some mojo Tuesday after Wedbush Securities initiated coverage of the action camera maker with an outperform rating. Wedbush analyst Michael Pachter set a 12-month price target of 81 for GoPro (GPRO)  stock in a report Monday. GoPro was up 5%, near 68, in afternoon trading on the stock market today. The stock had fallen for four straight days before the rebound. Last week, Oppenheimer initiated coverage of the recent IPO with an underperform rating and a price target of 45. GoPro went public on June 26 at 24. The stock touched its all-time high of 98.47 on Oct. 7. Oppenheimer analyst Andrew Uerkwitz said the Scalper1 News

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