Business Insider -
10 Jun 2015 16:16

GoPros may end up just being huge with tech nerds and not everyone else. In a note on Wednesday, Citi's Jeremy David and Ehud Gelblum lowered their forecasts for the company's growth and earnings on concerns that the GoPro's point-of-view cameras may not catch on with a big mainstream audience. The firm slashed its forecasts for product growth to 13.5 million units by 2018 from 16 million units. The stock fell by up to 5% in early trading to around $55.67 per share. The analysts have a 12-month ...
Share this Article
Comment on this Article
Please to comment