|Day Low/High||14.80 / 15.19|
|52 Wk Low/High||11.65 / 41.97|
FIT shares fell Thursday after a note from Pac Crest showed slow adoption for the Charge 2.
Potential lack of product demand prompted an analyst to downgrade shares of Fitbit.
Pacific Crest lowered Fitbit's (FIT) stock rating to 'underweight' this morning, saying that its Charge 2 sales have been 'disappointing' since the watch's release in August.
Here are Thursday's top research calls, including upgrades for eBay, and downgrades for Fitbit, Mantech and Texas Roadhouse.
An improving chart and quant upgrade suggest it's time for FIT to get pumped up.
Here are Monday's top research calls, including upgrades for Fitbit and Marriott and downgrades for Disney and Twitter.
Fitbit (NYSE:FIT), the global leader in the connected health and fitness market, announced the availability of Fitbit Charge 2™ at major retailers worldwide.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: BKD, CCE, CFBK, FIT Downgrades: FWRD, SIG, VIA Initiations: CANF Read on to get TheStreet Quant Ratings' detailed report:
GoPro introduces a new drone, but Jim Cramer isn't rushing out to buy the stock.
Fitbit shares could be about to surge, and the company is ripe for acquisition.
Fitbit (FIT) stock was up Monday afternoon after Longbow reiterated a 'buy' rating on shares following the release of its Charge 2 product.
Apple continues to benefit from strong iPhone sales, but telecom carriers like T-Mobile are also benefiting.
When the market decides only one thing is working, that makes things treacherous for everyone else,
Analysts (and Doug Kass) just don't get it; AAPL's product launch held all sorts of gems.
Apple is only getting stronger with each product it revamps or introduces.
The IDC reports 'smart' wearable device shipments fell more than 27% in the second quarter. Will Apple's new smartwatch reverse the trend?
Fitbit (FIT) has maintained a leading position in the wearables market, while competitors such as Apple's (AAPL) Apple Watch have plunged since 2015, according to IDC.
Shares of the wearable-fitness apparel were higher Tuesday after analysts with Morgan Stanley published a bullish report.
Apple shares dropped by less than 1% on Tuesday after European regulators ordered it to pay $14.5 billion in back taxes.
Morgan Stanley said the release of two new Fitbit (FIT) wearable models will drive the company to achieve 'strong' fourth quarter results.
The annual Burning Man Festival, popular with the tech crowd, is enjoying its 30th anniversary this week.
The company is betting its hardware, software, services and brand will let it charge a premium in an extremely competitive market.
CNBC's Aditi Roy put Fitbit's new product line on display as the wearables company struggles to contend with new competition.
Fitbit (FIT) launched two new devices today called the Charge 2 and Flex 2, both of which are equipped with improved notifications.
Fitbit (NYSE: FIT), the leader in the connected health and fitness market, released Fitbit Adventures, a new series of personal, non-competitive activity Challenges that are designed to inspire you to move more and...
Building on the popularity of its groundbreaking wearable devices, Fitbit (NYSE: FIT), the leader in the connected health and fitness market, today introduced two new fitness wristbands - Fitbit Charge 2™ and...