Fitbit (FIT) Reports In-Line Q3 EPS; Issue Light Q4, FY16 Outlook
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Barclays Downgrades Fitbit (FIT) to Equalweight
November 4, 2016 6:41 AM EDTBarclays downgraded Fitbit (NYSE: FIT) from Overweight to Equalweight with a price target of $10.00 (from $24.00).
For an analyst ratings summary and ratings history on Fitbit click here. For more ratings news on Fitbit click here.
Shares of Fitbit closed at $8.51 yesterday.
... MoreFitbit (FIT) a Broken Stock, Not Broken Story - Oppenheimer
November 3, 2016 7:47 AM EDTOppenheimer analyst Andrew Uerkwitz slashed his price target on Fitbit (NYSE: FIT) to $12.00 (from $25.00) but maintained a Outperform rating following weak results, outlook.
Uerkwitz commented, "Fitbit disappointed....again. With the large short interest, many were expecting it, as the company has a... More
Wedbush Downgrades Fitbit (FIT) to Neutral
November 3, 2016 7:15 AM EDTWedbush downgraded Fitbit (NYSE: FIT) from Outperform to Neutral with a price target of $10.00 (from $18.00) following weak results amid demand softness and limited long-term visibility.
Analyst Nick McKay commented, "We are downgrading shares of Fitbit to NEUTRAL from OUTPERFORM, and lowering our 12-month price target... More
BofA/Merrill Lynch Downgrades Fitbit (FIT) to Underperform
November 3, 2016 6:57 AM EDTBofA/Merrill Lynch downgraded Fitbit (NYSE: FIT) from Buy to Underperform with a price target of $9.00.
For an analyst ratings summary and ratings history on Fitbit click here. For more ratings news on Fitbit click here.
Shares of Fitbit closed at $12.81 yesterday.
... MoreMorgan Stanley Downgrades Fitbit (FIT) to Equalweight
November 3, 2016 6:55 AM EDTMorgan Stanley downgraded Fitbit (NYSE: FIT) from Overweight to Equalweight with a price target of $11.00 (from $31.00).
For an analyst ratings summary and ratings history on Fitbit click here. For more ratings news on Fitbit click here.
Shares of Fitbit closed at $12.81 yesterday.
... MoreUPDATE: SunTrust Downgrades Fitbit (FIT) to Hold
November 3, 2016 6:54 AM EDT(Updated - November 3, 2016 8:06 AM EDT)
SunTrust Robinson Humphrey downgraded Fitbit (NYSE: FIT) from Buy to Hold with a price target of $10.00 (from $17.00). Analyst Robert S. Peck said Q3 results and guidance raised questions around customer demand, and the category's... More
Longbow Research Downgrades Fitbit (FIT) to Neutral
November 3, 2016 6:54 AM EDTLongbow Research downgraded Fitbit (NYSE: FIT) from Buy to Neutral.
For an analyst ratings summary and ratings history on Fitbit click here. For more ratings news on Fitbit click here.
Shares of Fitbit closed at $12.81 yesterday.
... MorePiper Jaffray Downgrades Fitbit (FIT) to Underweight
November 3, 2016 6:53 AM EDTPiper Jaffray downgraded Fitbit (NYSE: FIT) from Neutral to Underweight with a price target of $8.00 (from $14.00).
For an analyst ratings summary and ratings history on Fitbit click here. For more ratings news on Fitbit click here.
Shares of Fitbit closed at $12.81 yesterday.
... MoreMizuho Securities Downgrades Fitbit (FIT) to Neutral
November 3, 2016 6:30 AM EDTMizuho Securities downgraded Fitbit (NYSE: FIT) from Outperform to Neutral with a price target of $9.00 on weak end user demand and heavy opex growth.
Analyst Betty Chen commented, "We are downgrading shares of FIT to Neutral from Buy as we reduce... More
