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Fly News Breaks for December 4, 2015
TASR, AMBA, GPRO
Dec 4, 2015 | 06:44 EDT
JPMorgan analyst Paul Coster says Ambarella's (AMBA) weaker than expected Q4 outlook may weigh on shares of GoPro (GPRO) today. The analyst, however, thinks GoPro's valuation already reflects much of the inventory issues. Ambarella also called out TASER (TASR) as a customer for the AXON 2 camera, Coster tells investors in a research note. He views TASER as a "solid new partner" for the chipmaker. The analyst has an Overweight rating on GoPro and Neutral rating on TASER.
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