Will These Ratings Initiations Impact GoPro (GPRO) Stock Today?

NEW YORK (TheStreet) -- GoPro Inc. (GPRO) was initiated with an "equal weight" rating and $45 price target at Barclays (BCS) on Monday.

The firm said it initiated coverage on the maker of mountable and wearable cameras used by extreme sports enthusiasts, due to the company's strong revenue growth.

JPMorgan (JPM) also initiated coverage on GoPro with an "overweight" rating and $51 price target, as the firm says the company is fast growing and profitable.

Must Read: Warren Buffett's 25 Favorite Stocks


Shares of GoPro are higher by 2.82% to $42.60 in pre-market trading today.

GPRO Chart GPRO data by YCharts

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