01.12.2014 - Go Pro expects sales growth

Go Pro stock price may continue to grow due to increased sales during Black Friday. It is worth recalling that the quotations of the company, which were placed at $ 24 per share in July this year reached a level of about 96 dollars and after correction consolidated near the mark of $ 80 per share. Sales growth is expected in connection with the beginning of the season of winter sports, as well as the approach of Christmas. We maintain our positive outlook for the medium-term and recommend buying the stock with a target level of $ 100 per share, which can be reached in the coming months.

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