Wall Street Takes On Fitbit

Fitbit Inc FIT was introduced to the New York Stock Exchange on June 18, and is now the topic of discussion on Wall Street.

Fitbit is a provider of fitness and health products, most notably the Fitbit watch, a competitor to Apple’s watch. Since its IPO, shares if Fitbit have been lifted 49.16 percent.

Wall Street analysts initiated coverage today on Fitbit:

SUMMARY: 3 Buy, 2 Overweight, 1 Neutral, 2 Equal-Weight, 1 Market Perform rating.