Hypothetical Fitbit (FIT) Takeover by Under Armour (UA), Nike (NKE) or Others Could Establish Floor - Analyst
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Go back to Hypothetical Fitbit (FIT) Takeover by Under Armour (UA), Nike (NKE) or Others Could Establish Floor - Analyst
April 18, 2016 8:39 AM EDT
UBS maintained a Neutral rating and $48.00 price target on Under Armour, Inc. (NYSE: UA) ahead of the company's 1Q earnings report. UBS is expecting UA to report 1Q EPS of $0.02, in-line with the Street, also at $0.02. The NT stock path will more likely focus on whether the... More
April 15, 2016 7:08 AM EDT
Piper Jaffray analyst, Erinn Murphy, raised Q1 estimates and its price target on Fitbit (NYSE: FIT) after the semiannual Taking Stock With Teens survey showed improving trends. No change to Neutral rating but the PT increases to $16 as the analyst waits to see more... More
April 13, 2016 12:20 PM EDT
Fitbit (NYSE: FIT) shares are continuing to show strength after ramping higher early. Shares are now up 10.8 percent and volume of is heavy at around 11.6 million shares, versus the daily average of 8.79 million.
Notably, short interest was last at 34.27 million shares, or 36 percent of float.
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April 13, 2016 9:27 AM EDT
Fitbit (NYSE: FIT) is gaining early following positive analyst comments at Citi and a big shootout from Salesforce.com CEO Mark Benioff on Twitter. Shares are up 4.6%.
He called the Fitbit Blaze "amazing."
... More
