In Monday’s Analysts’ Actions, TheStreet highlights a coverage initiation on GoPro (GPRO) as well as a couple of positive notes on Amazon (AMZN) and Tripadvisor (TRIP). Analysts at Goldman Sachs started coverage on GoPro, the wearable action camera company, with a NEUTRAL rating and a $60 price target. The firm believes that the action camera business will commoditize. Analysts at CLSA raised their price target on Amazon, citing the possible trade into China. The firm upped its price target to $500, following a recent study on Chinese consumer trends for e-commerce that favored cross-border trade into China. And, Tripadvisor received a positive note by analysts at Barclays. The travel website operator was upgraded to EQUAL WEIGHT from UNDERWEIGHT with an increased price target of $84. TheStreet’s Kurumi Fukushima reports in New York.
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