NEW YORK (TheStreet) -- GoPro shares are down 6.12% to $67.50 on Monday, continuing the decline from the previous session on Friday when analysts at Oppenheimerainitiated coverage on the stock with an "underperform" rating and $45 price target. Shares dipped 9% on Friday following the release of the note as the action camera company has lost some momentum since the stock price has more than doubled in value fromathe company's IPO price of $24. The firm gave three reasons for its pessimistic outlook citing a shrinking growth outlook, unrealistic expectations and valuation for its "underperform" rating. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. GoPro is scheduled to release its third quarter earnings results on December 3 with analysts expecting earnings of 8 cents per diluted share on revenue of $263.5 million. GPRO data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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