Fitbit (FIT) Beats Q1 EPS by 4c

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Go back to Fitbit (FIT) Beats Q1 EPS by 4c

Fitbit (FIT) PT Lowered to $6 at Deutsche Bank Following 1Q EPS Beat; 'Strength in Alta Line'

May 4, 2017 10:37 AM EDT

Deutsche Bank lowered its price target on Fitbit (NYSE: FIT) to $6.00 (from $6.50) while maintaining a Hold rating, following the company's first quarter earnings result.

Analyst Sherri Scribner notes the company reported first quarter earnings per share and revenues ahead of the Street's projections, as... More

Stifel Remains Sidelined on Fitbit (FIT) Following the Company's 1Q

May 4, 2017 7:27 AM EDT

Stifel reiterated a Hold rating and $7.00 price target on Fitbit (NYSE: FIT) following the company's 1Q earnings report. FIT reported 1Q revenue and adjusted net loss per share of $299mn and -$0.15 compared to the consensus of $279mn and -$0.18.

2Q17... More