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Fitbit (FIT) Lawsuits Could Hurt Brand - Detwiler Fenton

June 1, 2016 9:03 AM EDT

Analysts at Detwiler Fenton said lawsuits on heartrate accuracy could hurt Fitbit's (NYSE: FIT) brand.

"While we don't see recent lawsuits and accuracy claims as particularly damning, we do see the potential for brand damage as accuracy become a topic of differentiation," the said.

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