GoPro Stock Whipsawed By Analyst Comments

By | October 7, 2014

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GoPro (GPRO) stock continued its wild ride Tuesday into the night, soaring to a new high of 98.47 intraday, reversing lower before closing modestly higher at 93.85 on the stock market today. After the close, shares of the high-definition wearable camera maker retreated on a Piper Jaffray downgrade. During the day, Barclays raised its price target to 60 from 45 — still far below GoPro current valuation. Analyst Joseph Wolf said business is strong, but Scalper1 News

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