Fitbit Schedules Q4 and FY2015 Financial Results for February 22, 2016
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Leerink Partners Reiterates Outperform After Fitbit (FIT) Unveils Alta
February 3, 2016 2:24 PM ESTLeerink Partners maintained an Outperform rating on Fitbit (NYSE: FIT), and cut the price target to $33.00 (from $49.00), after the company unveiled the Alta, a welcome upgrade to Fitbit's low-tier products. The $130 device incorporates features from Fitbit's Mid Tier products and is a replacement for the Charge which will be discontinued. Leerink likes the positioning of the Alta,... More
