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Wedbush Reaffirms Their Buy Rating on GoPro (GPRO)
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Wedbush Reaffirms Their Buy Rating on GoPro (GPRO)

In a report released today, Alicia Reese from Wedbush maintained a Buy rating on GoPro (GPROResearch Report), with a price target of $6.00. The company’s shares closed today at $4.12.

Reese covers the Consumer Cyclical sector, focusing on stocks such as AMC Entertainment, IMAX, and Corsair Gaming. According to TipRanks, Reese has an average return of 4.2% and a 63.27% success rate on recommended stocks.

GoPro has an analyst consensus of Moderate Buy, with a price target consensus of $5.30.

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GPRO market cap is currently $652.2M and has a P/E ratio of -82.57.

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GoPro, Inc. engages in manufacturing and selling camera and camera accessories. The company provides mountable and wearable cameras and accessories, which refers as capture devices. Its product brands include Hero7, Fusion, GoPro Plus, Quik, GoPro App and Karma Grip. It also offers an ecosystem of mountable and wearable accessories. The company was founded by Nicholas Woodman in 2002 and is headquartered in San Mateo, CA.

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