Fitbit (FIT) Bullish View Maintained at Piper Jaffray Following Meetings

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Go back to Fitbit (FIT) Bullish View Maintained at Piper Jaffray Following Meetings

Confidence in Fitbit (FIT) Increased after Boston NDR - Leerink Partners

December 7, 2015 7:37 AM EST

Leerink Partners analyst, Steven Wardell, had Fitbit (NYSE: FIT) management on a non-deal roadshow which showed interest in corporate wellness programs, new product to be launched in 2016 and competition with Apple. No change to rating or PT.

Investors are taking a greater interest in Fitbit's Corporate Wellness line of business. Fitbit has announced several large corporate wellness enterprise sales, including a deal with Target that offers a subsidy on the purchase of Fitbit activity trackers to all... More