Fitbit climbs on upbeat holiday sales report

By | November 30, 2015

Scalper1 News

Fitbit (FIT) stock went on a post-Thanksgiving turkey trot on Monday after getting an analyst upgrade. Barclays analyst Matthew McClintock on Monday upgraded Fitbit stock to overweight from equal weight with a price target of 49. Fitbit was up more than 2.5%, near 28.50, in afternoon trading on the stock market today. Fitbit, the top maker of activity trackers and fitness bands, went public on June 18 at 20. It climbed as high as 51.90 on Aug. 5 Scalper1 News

Scalper1 News