Scalper1 News
Last week’s marquee IPO Fitbit (FIT) got its first analyst coverage Thursday as Leerink initiated with an outperform rating and a price target of 44. Fitbit stock rose as much as 4.3%, then was up 1.5% in early trading in the stock market today. Analyst Steven Wardell wrote that, despite what the critics may say, there’s still a huge potential market for Fitbit’s fitness-tracking system despite high-end competition from Apple (AAPL) Watch and Scalper1 News
Scalper1 News