Piper Jaffray Downgrades Fitbit (FIT) to Underweight

November 3, 2016 6:53 AM EDT
Get Alerts FIT Hot Sheet
Price: $7.97 --0%

Rating Summary:
    4 Buy, 19 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 3 | New: 1
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Piper Jaffray downgraded Fitbit (NYSE: FIT) from Neutral to Underweight with a price target of $8.00 (from $14.00).

For an analyst ratings summary and ratings history on Fitbit click here. For more ratings news on Fitbit click here.

Shares of Fitbit closed at $12.81 yesterday.

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