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Barclays Cuts GoPro's Price Target To $25
Friday, January 8, 2016 - 8:59am | 314GoPro Inc (NASDAQ: GPRO) shares dipped 8 percent on January 7. Barclays’ Joseph Wolf maintained an Overweight rating for the company, while reducing the price target from $40 to $25. Value stocks in the US emerging technologies sector look more attractive than growth stocks, Wolf...
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Corning Could Be A Long-Term 'Home Run' In Barclays' Eyes
Tuesday, September 29, 2015 - 9:24am | 263Corning Incorporated (NYSE: GLW) shares have been steadily declining since April, and are down 28 percent from the March 30 high of $23.24. Barclays’ Joseph Wolf maintained an Overweight rating on the company, while reducing the price target from $26 to $25. China’s...
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Barclays Upgrades GoPro, Says 'Content Is Now Upside'
Tuesday, July 14, 2015 - 7:25am | 261In a report published Tuesday, Barclays analyst Joseph Wolf upgraded the rating on GoPro Inc (NASDAQ: GPRO) from Equal-Weight to Overweight, while raising the price target from $50 to $65, given the company's strong execution, acquisitions, new products, external hires and continuing brand strength...
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Why Losing Cisco Is Problematic To EZChip
Thursday, May 14, 2015 - 2:10pm | 309Barclays cut its price target on EZchip Semiconductor Ltd (NASDAQ: EZCH) Thursday from $23 to $16 and maintained a Equal-Weight rating. Analysts Joseph Wolf and Blayne Curtis said the company’s Q1 results and guidance were overshadowed by the loss of Cisco Systems, Inc. (NASDAQ: CSCO) for...
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GoPro: The Day After
Wednesday, April 29, 2015 - 9:55am | 443GoPro Inc (NASDAQ: GPRO) released its earnings on Tuesday. The portable camera maker reported EPS of $0.11 and revenue of $383 million, above many analysts expectations. The company also reported a 45.1 percent gross margin, which beat expectations of 44.5 percent. Several Wall Street firms...
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GoPro's International Story Is 'Kicking In'
Wednesday, April 29, 2015 - 8:17am | 383In a report published Wednesday, Barclays analyst Joseph Wolf said that it is "hard to find much fault" in GoPro Inc (NASDAQ: GPRO)'s first quarter print as units shipped rose 58 percent year-over-year, driving a revenue beat. Wolf said GoPro's gross margin of 45.2 percent was...
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Barclays Raises GoPro Inc Price Target, Struggles With Valuation
Tuesday, October 7, 2014 - 9:28am | 228Barclays raised its price target Tuesday for GroPro Inc (NASDAQ: GPRO) from $45 to $60, but maintained an Equal-Weight rating. The price target is well below the stock's Monday close of $93.79. Analyst Joseph Wolf noted that “expectations and enthusiasm support the stock” while...
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UPDATE: Barclays Initiates Coverage On GoPro
Monday, July 21, 2014 - 2:03pm | 125Earlier Monday, Barclays analyst Joseph Wolf initiated coverage on GoPro (NASDAQ: GPRO) with an Equal-weight rating and a $45 price target. Wolf began the note by commenting, "we can think of few products that so perfectly capture the era of the 'selfie' and the digital native...