Fitbit (FIT) Gains on Positive Holiday Sales Expectations

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Fitbit (FIT) Appears to Have Had an 'Outstanding Christmas' - Dougherty & Co

December 29, 2015 8:50 AM EST

Dougherty & Co analyst Charles Anderson posted his Weekly Report card on Fitbit (NYSE: FIT), which includes Christmas.

Anderson highlighted:

Based on last week's data, it appears Fitbit had an outstanding Christmas. The Fitbit app on iPhones reached No. 1... More

PHIT Act Seen as Catalyst for Fitbit (FIT) - Barclays

December 29, 2015 8:16 AM EST

Fitbit (NYSE: FIT) is indicated higher again this morning following positive comments from analysts at Barclays. Analyst Matthew McClintock reiterated his Overweight rating and $49 price target.

The firm said the PHIT Act could act as a major catalyst for the stock. The analyst... More