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FitBit Rising: Pac Crest Starts at Buy; Baird Heartened by Management Mtg

Business & Finance / Investing : Tech Trader Daily

Shares of fitness tracking gear maker FitBit (FIT) are up 98 cents, or 3%, at $32.99, after getting one positive initiation of coverage this morning and one reiteration of positive outlook from the Street. Pacific Crest’s Brad Erick...

Fitbit Rising as Pac Crest Sees Rebound in Retail Sales

Business & Finance / Investing : Tech Trader Daily

Shares of FitBit (FIT) are up 68 cents, or 2.5%, at $28.46, giving up some earlier gains, after Pacific Crest’s Brad Erickson this morning reiterated an Overweight rating on the shares, and a $47 price target, writing that his “chec...

Fitbit: Sell, Says Pac Crest, Charge 2 Is Piling Up on Shelves

Business & Finance / Investing : Tech Trader Daily

Shares of Fitbit (FIT) are down $1.32, or 8%, at $15.38, after Pacific Crest’s Brad Erickson this morning cut his rating on the shares to Underweight from Sector Weight, citing mounting inventory at U.S. retailers of the company’s f...

Fitbit: Raymond James, Morgan Stanley Defend ‘Charge 2? Demand

Business & Finance / Investing : Tech Trader Daily

In response to yesterday’s downgrade of Fitbit (FIT) by Pacific Crest’s Brad Erickson, a couple of bulls on the stock Friday came to the company’s defense. Erickson had opined that inventory of the "Fitbit Charge 2,” introduced this...

Synaptics: Pacific Crest Cuts Rating On China Shr Loss

Technology : Forbes: Tech

Syanptics shares are trading lower after Pacific Crest analyst John Vinh cut his rating on the touch pad company’s shares to Sector Perform from Underperform. The analyst said the downgrade reflects “significant loss in the China sm...

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