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GoPro (GPRO) Stock Jumping Following Citi Upgrade

The Street - 31 Jul 2015 16:44
NEW YORK (TheStreet) -- Shares of GoPro Inc  were jumping, up 3.08% to $63.59 in early market trading Friday, after analysts at Citi upgraded the action camera maker this morning. The firm raised their rating on GoPro shares to "buy" from "neutral" with a higher price target of $90 from $63. Citi analysts pointed to the "mega-trends" in the flying cameras and virtual reality space. Analysts see the drone opportunity as attractive, and expects GoPro to rake in sales of anywhere from $5 billion ...
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