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GoPro, Inc. (NASDAQ:GPRO) Action Cameras Appears To Be Tracking Ahead Of Guided Anticipations This Quarter- Harman International (NYSE:HAR), Johnson Controls Inc. (NYSE:JCI)

Pacific Crest Securities reported that demand for GoPro, Inc. (NASDAQ:GPRO) [Detail Analytic Report] action cameras appears to be tracking ahead of guided anticipations this quarter, and the firm is building inventory for a big holiday shopping season. Brad Erickson analyst at Pacific Crest stated that his firm’s August sales channel checks in the United States were optimistic for GoPro. Erickson stated Sell-through checks are encouraging. The quarter is still tracking toward some upside. GoPro also appears to be building its inventory for the all-significant holiday season a bit earlier 2015 than last. A product refresh is doubtful before the holidays, noting that GoPro has appeared with 5 new cameras since going public in June last year. Those cameras include the tiny Hero 4 Session and the Hero+ LCD. Europe could deliver some upside in fourth quarter because the firm still has hundreds of incremental retail locations to add there. Plus, the European sales...


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