GoPro released the earning results on 02.02.2017. Unfortunately the results are far from satisfactory.
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.
Our target price is 9.75
This cannot be considered an investment advice!!