GoPro (GPRO) – 08.02.2017

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GoPro released the earning results on 02.02.2017. Unfortunately the results are far from satisfactory.

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As a result the share price tanked from $11.25 (which was our previous price target, realised on 01.02.2017) to $8.80.

We believe the selling is a bit overdone now. $8.80 is a pretty safe spot to buy some GPRO shares.

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Our target price is 9.75

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This cannot be considered an investment advice!!