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Fly News Breaks for September 8, 2015
GPRO
Sep 8, 2015 | 09:01 EDT
Baird lowered its price target on GoPro to $50 from $70 as they are cautious on Q4, believing consensus estimates are too high. The firm also cited a potential lack of new products and tepid initial Session sales. Despite the cautious tone, Baird said they would accumulate shares on weakness and maintained their Outperform rating on GoPro shares.
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