Notable Downgrades: GoPro (GPRO), Ambarella (AMBA), American Airlines Group (AAL), Dollar Tree (DLTR), FedEx (FDX)
September 02, 2015 at 13:58 PM EDT
In a report published Wednesday, Piper Jaffray analysts lowered their GoPro, Inc. (GPRO) price target to $31.00 from $32.00. Separately, the name’s estimates were trimmed at Stifel following Ambarella’s (AMBA) guidance. The maker of video processing chips is one of GoPro’s key suppliers. On valuation measures, GoPro Inc. stock it’s trading at a forward P/E […] View the full post at: Notable Downgrades: GoPro (GPRO), Ambarella (AMBA), American Airlines Group (AAL), Dollar Tree (DLTR), FedEx (FDX) Related posts: FedEx Gives Upbeat Guidance in an Improving Economy FedEx Upbeat Holiday Forecast MetLife May Pay AIG $15B for American Life Unit