In Tuesday's Analysts' Actions, TheStreet highlights some upbeat comments on GoPro (GPRO), an upgrade on AT&T (T), and a coverage initiation on Yelp (YELP). Analysts at JMP Securities raised their earnings estimates for the wearable camera maker amid the booming drone market. The firm believes GoPro’s total addressable market will grow by billions of dollars by 2020. JMP maintained its MARKET OUTPERFORM rating and a $105 price target. Barclays upgraded shares of AT&T to OVERWEIGHT from EQUAL WEIGHT with a higher price target of $39 from $34. The firm says the closing of the DIRECTV deal should spur a positive earnings revision cycle. And Yelp had coverage initiated by analysts at Topeka Capital Markets. The firm started Yelp with a BUY rating and a $60 price target, saying the review website’s sales force expansion could drive a more than 50% growth in local advertising revenues. TheStreet's Kurumi Fukushima reports in New York.
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