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Stock impact report

FIT bull sees subscription as catalyst [Seeking Alpha]

FITBIT INC (FIT) 
NASDAQ:AMEX Investor Relations: investor.fitbit.com/overview/default.aspx
Company Research Source: Seeking Alpha
FIT bull sees subscription as catalyst - Fitbit, Inc. (NYSE:FIT) | Seeking Alpha Tech | On the Move FIT bull sees subscription as catalyst Aug. 28, 2019 4:03 PM ET Fitbit, Inc. (FIT) Brandy Betz Roth Capital analyst Scott Searle calls Fitbit's (NYSE: new subscription service Searle sees the new additions as "largely neglected from the current valuation." For the subscription, Searle estimates 14M users paying an average of $14-16 a month. He estimates that a 1% penetration of the active user base would add $0.05-0.08 to the EPS. Roth maintains a Buy rating and $8 price target on FIT. The company has a Hold average Sell Side rating FIT shares closed today up 6% See all stocks on the move » Now read: Microcaps top tech movers » Subscribe Show less Read more
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