Fitbit (FIT) Ramps 4% Into EPS After the Close
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Mizuho Securities Cuts Price Target on Fitbit (FIT) as Product Transition Weighs on 1Q Guide
February 23, 2016 8:11 AM ESTMizuho Securities maintained a Buy rating on Fitbit (NYSE: FIT), and cut the price target to $20.00 (from $38.00), following the company's 4Q earnings report. FIT reported 4Q EPS of $0.35 vs. the Streets $0.25 estimate. Also, despite strong pre-order data from the new Blaze and Alta that... More
Piper Jaffray Is Expecting a 'Beat' to Fitbit's (FIT) 4Q Despite Challenged Stock - Reiterates Outperform
February 19, 2016 11:20 AM ESTPiper Jaffray maintained an Overweight rating on Fitbit (NYSE: FIT), and cut the price target to $24.00 (from $60.00), ahead of the company's 4Q earnings report. FIT has been a very challenged stock YTD. However, Piper Jaffray is expecting a "beat" to Q4 sales & EPS, and sees a Q1 guidance... More
Fitbit (FIT) Price Target Trimmed at Pacific Crest; Analyst Maintains 'Overweight'
February 18, 2016 9:31 AM ESTPacific Crest maintained an Overweight rating on Fitbit (NYSE: FIT) but trimmed its price target to $31.00 (from $47.00). Analyst Brad Erickson sees upside to Q4 and said valuation remains compelling.
Erickson said, "We maintain upside bias to Street numbers, but are tempering our... More
