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Fly News Breaks for June 1, 2015
GPRO
Jun 1, 2015 | 06:46 EDT
Piper Jaffray says it is "increasingly confident" that its Q2 and FY15 estimates for GoPro look conservative after tracking how the five current GoPro action camera devices rank among the top 100 electronics items at Amazon. Piper believes GoPro camera sell-through is as strong as it has been since the month after the Fall 2014 launch of the new HERO line. The firm keeps an Overweight rating on the stock with a $66 price target.
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