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Fly News Breaks for October 29, 2015
GPRO
Oct 29, 2015 | 08:23 EDT
As reported previously, Cowen downgraded GoPro to Market Perform from Outperform following Q3 results that it views as poor. The firm cited lower sales hurt by its Session launch, lower guidance and higher expenditures. Cowen lowered its price target to $24 from $60 on GoPro shares.
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