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Fitbit: Citigroup Reiterates Buy On Corporate Wellness
Thursday, June 9, 2016 - 9:07am | 282Citi’s Stanley Kovler mentioned that Fitbit Inc’s (NYSE: FIT) first Captivate Conference of 2016 focused on driving the adoption of corporate wellness. The analyst maintains a Buy rating on the company, with a price target of $30. Corporate Wellness “Although Fitbit has 70 Fortune...
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Morgan Stanley On Fitbit: Pullback Creates Buying Opportunity
Wednesday, January 6, 2016 - 9:48am | 423Fitbit Inc (NYSE: FIT) shares have declined 42.52 percent over the past six months, dropping almost to their 52-week low from January 5, at $24.30. Morgan Stanley’s Katy L. Huberty has maintained an Overweight rating on the company, with a price target of $99. Huberty believes the...
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IPO Outlook: Fitbit Running On Pace For This Week's Hot IPO
Monday, June 15, 2015 - 1:05pm | 1515The wearable fitness tracker company Fitbit, Inc. hopes to raise $358 million this Friday in what could be the hottest IPO of 2015. With great growth across the board, the company plans to issue 22.4 million shares between $14 and $16 per share on the NYSE under the ticker FIT. What Is Fitbit?...