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Fly News Breaks for March 4, 2015
AMBA, GPRO
Mar 4, 2015 | 08:37 EDT
JMP Securities believes that GoPro (GPRO) has a positive read through from Ambarella's (AMBA) results and guidance. The firm continues to expect GoPro to report 48% and 43% growth in its March and June quarters, respectively. The firm keeps a $105 price target and Outperform rating on GoPro.
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