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Oppenheimer Remains a Hold on GoPro (GPRO)
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Oppenheimer Remains a Hold on GoPro (GPRO)

Oppenheimer analyst Martin Yang maintained a Hold rating on GoPro (GPROResearch Report) on September 7. The company’s shares closed last Friday at $3.44.

According to TipRanks, Yang is an analyst with an average return of -4.2% and a 38.13% success rate. Yang covers the Technology sector, focusing on stocks such as Unity Software, GoPro, and Universal Display.

GoPro has an analyst consensus of Moderate Buy, with a price target consensus of $5.15.

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Based on GoPro’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $241.02 million and a GAAP net loss of $17.21 million. In comparison, last year the company earned a revenue of $250.69 million and had a net profit of $2.52 million

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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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