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Fly News Breaks for May 10, 2019
GPRO
May 10, 2019 | 06:36 EDT
JPMorgan analyst Paul Coster says GoPro's execution is improving with the company now a year into consistently meeting expectations, expanding gross margins and returning to sustainable profitability on a narrower product line-up. The analyst raised his price target for GoPro to $8 from $7.50 following the company's Q1 results but keeps a Neutral rating on the name. GoPro's growth "remains elusive," says Coster.
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