Hypothetical Fitbit (FIT) Takeover by Under Armour (UA), Nike (NKE) or Others Could Establish Floor - Analyst
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UBS Remains Sidelined on Under Armour (UA) Ahead of 1Q Report
April 18, 2016 8:39 AM EDTUBS 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
Piper Jaffray Lifts Numbers on Fitbit (FIT)
April 15, 2016 7:08 AM EDTPiper 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
Fitbit (FIT) Shares Continue to Squeeze Higher
April 13, 2016 12:20 PM EDTFitbit (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.
... MoreFitbit (FIT) Gains Early
April 13, 2016 9:27 AM EDTFitbit (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
