Can GoPro Stock Keep Going After Last Week's 12% Pop?
Momentum keeps building for GoPro (NASDAQ: GPRO) as it claws its way back to growth investor respectability. Shares of the action-camera maker rose 12.3% last week, even though there were no material developments during the week. The shares just continued to move higher following the prior week's 14% surge, after the company announced that it would be landing at the higher end of its initial guidance for the third quarter.
You have to go back a year to find the last time GoPro shareholders were treated to back-to-back weeks of double-digit percentage gains. GoPro stock followed up a 16% gain with a 15% pop in mid-September of last year.
Image source: GoPro.
Source: Fool.com
GoPro Inc. A Stock
€1.56
-0.830%
Currently there is a rather positive sentiment for GoPro Inc. A with 4 Buy predictions and 1 Sell predictions.
Based on the current price of 1.56 € the target price of 4 € shows a potential of 157.23% for GoPro Inc. A which would more than double the current price.
