Why Is GoPro (GPRO) Stock Higher Today?

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GoPro Inc (NASDAQ:GPRO) stock is popping as the company readies itself to take on the second half of 2016.

GoPro
Source: GoPro

JPMorgan analysts have a $17 price target on GPRO, which they restated recently. Additionally, the company has an “overweight” rating.

Sales have been especially well during the current fiscal quarter for GoPro. However, the company could use a boost in its net income and earnings-per-share total.

GoPro hopes that its return on equity is more fruitful as we move on forward.

GPRO stock is up 8.2% Friday.

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Article printed from InvestorPlace Media, https://investorplace.com/2016/06/gopro-gpro-stock-5/.

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