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GoPro Will Trade 'Sideways' Next Two Months, Citi Warns
Monday, February 1, 2016 - 11:03am | 315Read More...GoPro Inc (NASDAQ: GPRO) shares have plunged 40 percent year-to-date and are trading near their 52-week low of $9.90. Citi’s Jeremy David maintained a Neutral rating for the company, with a price target of $12. GoPro is expected to guide to weak 1Q results and its shares are...
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Citi On GoPro: We Were Wrong, Cut Price Target From $75 To $22
Friday, December 11, 2015 - 8:33am | 349Read More...GoPro Inc (NASDAQ: GPRO) shares have plunged 70 percent year-to-date, and are trading close to the low-end of their 52-week range of $16.77 - $69.75. Citi’s Jeremy David downgraded the rating on the company from Buy to Neutral, while reducing the price target from $75 to $22. GoPro...
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Citi, Morgan Stanley At Odds Over Garmin
Thursday, October 15, 2015 - 1:59pm | 485Read More...Shares of Garmin Ltd. (NASDAQ: GRMN) plunged to new 52-week lows of $31.86 on Thursday and are now lower by nearly 40 percent year-to-date. Jeremy David of Citi maintained a Sell rating with a $30 price target on Garmin after the company pre-announced disappointing third-quarter results on...
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Did Citi Just Call A Bottom In GoPro?
Thursday, September 17, 2015 - 8:59am | 273Read More...Shares of GoPro Inc (NASDAQ: GPRO) have decline 45.37 percent year-to-date. Citi’s Jeremy David has reiterated a Buy rating and price target of $90 on the company. David believes that concerns regarding the slow start to HERO4 Session have created an attractive entry point into...
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Citi Warns Of Rising Disruption Risks From Drones, Cuts GoPro Estimates
Wednesday, June 10, 2015 - 8:59am | 269Read More...In a note published Wednesday, Citigroup analyst Jeremy David lowered his expected total return for GoPro Inc (NASDAQ: GPRO) to -4.6 percent, maintaining a Neutral rating on the company. David cites Citigroup's annual U.S. action camera survey, saying that fewer American consumers are...
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Here's Why Citigroup Sees Mixed Q1 Earnings Out Of GoPro
Wednesday, April 22, 2015 - 8:33am | 259Read More...In a report published Tuesday, Citigroup analyst Jeremy David previewed GoPro Inc (NASDAQ: GPRO)'s first quarter results and expects the company to deliver a topline beat, but he isn't expecting a large EPS beat. GoPro will report its first quarter results on April 28 after market close. David...
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Citi Downgrades Nokia And Alcatel Amid Challenges Following Acquisition
Thursday, April 16, 2015 - 11:10am | 295Read More...Citi issued a report on Nokia Corporation (ADR) (NYSE: NOK) and Alcatel Lucent SA (ADR) (NYSE: ALU) after the announcement that Nokia was acquiring Alcatel-Lucent in an all stock deal. Citi downgraded Nokia from Buy to Neutral and maintained a €7.50 price target. Citi also downgraded Alcatel...
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Garmin Shares Slashed To Sell At Citi
Monday, April 6, 2015 - 10:11am | 280Read More...Citi downgraded Garmin Ltd. (NASDAQ: GRMN) from Buy to Sell and cut its price target from $68 to $42. Analysts Jeremy David and Ehud Gelblum believed that growth in Garmin's GPS fitness watch business was "likely to stall" and that Outdoor revenue could decline year-over-year....
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Citigroup Reacts To GoPro CFO Clarifying CES Comments
Tuesday, January 13, 2015 - 10:08am | 143Read More...In a report published Tuesday, Citigroup analyst Jeremy David reiterated a Neutral rating and $94.00 price target on GoPro Inc (NASDAQ: GPRO). In the report, Citigroup noted, “After our CES meeting with GoPro CFO Jack Lazar last week, we wrote that Lazar had stated margins on the $130 HERO device...
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Citigroup: GoPro Could Be Left Out In 'Social Cam' Shift
Friday, January 9, 2015 - 12:05pm | 277Read More...GoPro Inc (NASDAQ: GPRO) could get left behind in the point-of-view camera market in a shift to cheaper, wearable "social cams," an analyst said Friday. Privately held Ion America LLC makes a "compelling case" for a pending market shift, Citigroup's Jeremy David said...
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Citi Raises GoPro Inc Price Target
Tuesday, September 30, 2014 - 9:32am | 133Read More...Citi raised its price target for GoPro Inc (NASDAQ: GPRO) from $70 to $94. According to a research team lead by Jeremy David, GoPro’s new HERO4 should lead to higher average selling prices. The new $500 HERO4 model is complemented on the low-end by the $130 HERO model. David’s...
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Citi Reiterates On Garmin, Optimistic On Wearables
Tuesday, May 27, 2014 - 2:49pm | 202Read More...In a report published Tuesday, Citi Research analyst Jeremy David reiterated a Buy rating and $65.00 price target on Garmin Ltd (NASDAQ: GRMN), optimistic on the growth of wearables. David met with Garmin's management, including CEO Cliff Pemble, last Thursday at the company's headquarters. Pemble...
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UPDATE: Citi Upgrades Motorola Solutions
Tuesday, January 21, 2014 - 11:27am | 206Read More...In a report published Tuesday, Citi analyst Jeremy David upgraded Motorola Solutions (NYSE: MSI) to Buy from Neutral, raising its price target to $75.00 from $65.00. According to the report, the upgrade reflects the analyst's belief that additional buybacks to the tune of $1.5B are possible based...
