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Fly News Breaks for October 3, 2019
GPRO
Oct 3, 2019 | 08:54 EDT
Citi analyst Jim Suva believes investors will view GoPro's unexpected late-stage production delay in its new HERO8 product as a negative which will "partly overshadow some of positive shine of the new products launched." The analyst notes, however, that the company continues to expect 2020 to be a growth year for sales and earnings. He keeps a Neutral rating on GoPro with a $4.50 price target.
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