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Fly News Breaks for December 15, 2015
GPRO
Dec 15, 2015 | 08:36 EDT
Sterne Agee CRT believes that GoPro's business can rebound "fairly dramatically by Q2" when it expects the company to launch its HERO5 camera and its first drone/quad-copter. The firm says that year-over-year comps will also ease in 2Q16. Sterne Agee cut its price target on the name to $25 from $38 but keeps a Buy rating on the shares.
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