The Traderszone Network

Published in TZ Latest News 6 March, 2017 by The TZ Newswire Staff

Is GoPro About to Face a Cash Crunch?

Shares of GoPro (NASDAQ: GPRO) sank to fresh all-time lows on Monday, following an analyst downgrade (via Tech Trader Daily). Goldman Sachs analyst Simona Jankowski dropped her rating on GoPro from neutral to sell, while simultaneously slashing her price target down to a mere $6, or about 30% lower than where shares closed on Friday.

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