Wedbush Downgrades Fitbit (FIT) to Neutral
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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
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.
... MoreCiti Downgrades Fitbit (FIT) to Neutral
November 3, 2016 6:56 AM EDTCiti 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.
... 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
Fitbit (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
