mjmj schreef op 14 december 2015 16:53:
www.marketwatch.com/story/gopro-stock... ..
Shares of GoPro Inc. GPRO, -13.33% tumbled more than 9% Monday after Morgan Stanley downgraded the stock to underweight from neutral and axed its price target nearly in half to $12 from $23. Analyst James Faucette cited high inventory as a headwind, related to poor Hero4 Session sales, but said
a lack of innovation among GoPro's video editing software is an even bigger concern. Key challenges related to editing and storage capacity have yet to be "adequately addressed," and that may lead to slower-than-expected adoption of GoPro's newer products, such as its Karma drone in 2016, said Faucette. A number of analysts have downgraded GoPro in recent weeks, yet the average rating and stock target on GoPro remains at overweight at $33.81, according to a poll of roughly 15 analysts on FactSet. The stock has fallen more than 47% over the last three months, and nearly 72% on the year, amid record-high levels of short interest. Its shares traded around $17.39 in morning trade. The S&P 500, meanwhile, has risen 3% over the last three months and is flat on the year.