Deutsche Bank downgraded Fitbit to 'hold,' given slower growth in the wearables market.
Here are Thursday's top research calls, including upgrades for Advanced Micro Devices, Hess and Juniper, and a downgrade for Fitbit.
The Dow's winning streak continued with the index closing higher for the 18th time in 22 sessions and clinching a record settlement for the third day in a row.
Fitbit is acquiring intellectual property and staff from Pebble, which is being shut down. Reports have suggested the deal cost between $34 million and $40 million.