Scalper1 News
Fitbit (FIT) got its second bullish report in as many days on Wednesday, sending its shares higher. FBN Securities analyst Shebly Seyrafi initiated coverage of Fitbit with an outperform rating and a price target of 50. Fitbit stock was up 2.5%, above 36, in afternoon trading on the stock market today. Fitbit is the leading company in the fast-growing wearables market. Seyrafi expects Fitbit to maintain its lead with new hardware and software Scalper1 News
Scalper1 News