Fitbit Announces Departure of Chief Financial Officer Bill Zerella
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Morgan Stanley Remains Underweight on Fitbit (FIT); Reiterates $4 PT
June 7, 2018 7:28 AM EDTMorgan Stanley reiterated an Underweight rating and $4.00 price target on Fitbit (NYSE: FIT) following recent checks. The checks corroborate early strength in the new smartwatch, but continues to show accelerated declines in older products.
Fitbit announced that the company shipped more than 1mm Versa... More
