SunTrust's Peck Sees a Buying Opportunity in Fitbit (FIT)
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Fundamentals Intact; Multiple Compression Drives FitBit (FIT) Target Cut - Stifel
January 21, 2016 10:45 AM ESTStifel analyst, Jim Duffy, slashed his Fitbit (NYSE: FIT) price target to $35 from $60 to reflect multiple compression in the market across categories and investors suppressed appetite for risk.
Since July, market adoption of Fitbit products is pacing ahead of expectations and a pipeline of new... More
