Mizuho Securities Downgrades Fitbit (FIT) to Neutral
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/23/2026
- Wall Street ends down as oil prices, Treasury yields rise
- BTIG’s Krinsky warns 2000-like signals are mounting
- HSBC remains max bullish on stocks, tells investors to lean into tech
- Analyst explains why the midterm outcome is a “fundamental non-event”
- Oil settles up around 4% as Iran's president vows to never surrender
- Meta AI agent triggers heavy selloff in banks, insurers, and travel stocks
- On Holding sets 2029 financial targets, authorizes $1B share buyback
- Nasdaq reaches record high close, AI stocks rally
- Elmet Group signs tungsten offtake deal with Hemerdon Mine
- Meta bull case increasingly playing out, Mizuho says
Fitbit (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
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.
... MoreFitbit (FIT) Reports In-Line Q3 EPS; Issue Light Q4, FY16 Outlook
November 2, 2016 4:08 PM EDTFitbit (NYSE: FIT) reported Q3 EPS of $0.19, in-line with the analyst estimate of $0.19. Revenue for the quarter came in at $503.8 million versus the consensus estimate of $506.93 million.
GUIDANCE:
Fitbit sees Q4 2016 EPS of $0.14-$0.18, versus the consensus of $0.75. Fitbit sees Q4... More
