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Fly News Breaks for April 29, 2015
GPRO
Apr 29, 2015 | 08:26 EDT
JMP Securities believes that GoPro's Q1 results and Q2 guidance were "impressive." The firm thinks the company's investments in a wide variety of areas place it way above its competition and give it "almost open-ended potential to monetize the Hero brand." The firm raised its estimates for the company but reiterates a $105 price target and Outperform rating on the shares.
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