Alta

Longbow Research expects Fitbit Inc (NYSE: FIT) to continue to take share in mainstream $100–$150 wearables. Fitbit reported second-quarter EPS of $0.12, $0.01 above consensus, and its revenue of $586.5 million also topped the Street's view of $578 million. The strong demand for Alta, Blaze...

BlueFin’s John Donovan believes that there is evidence of too much inventory at Fitbit Inc (NYSE: FIT), as well as “a laser-like focus on sell through” ahead of the launch of newer models at the end of 2016. Predictions Bearing Fruit Donovan mentioned robust production cuts were...

Pacific Crest Securities raised its first-quarter, second-quarter and full-year earnings, and sales view of Fitbit Inc (NYSE: FIT) above Street estimates on strong demand for the Alta and Blaze units, the company's two newest products. Analyst Brad Erickson increased first quarter profit...