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Nautilus Catches Downgrade After Issuing Weak Q4 Guidance
Friday, January 18, 2019 - 1:56pm | 444Read More...Global fitness solutions company Nautilus, Inc. (NYSE: NLS) cautioned investors Thursday afternoon that its fourth-quarter results are likely to come in notably short of expectations. What Happened Nautilus told investors it expects to report earnings per share from continuing operations of 4-...
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Fitbit's 'Test' Will Come In The Second Half, Says Bearish BofA
Thursday, August 2, 2018 - 11:32am | 405Read More...Fitbit Inc (NYSE: FIT) reported a second-quarter earnings beat Wednesday afternoon, but the "real test" for the maker of fitness trackers and watchers is still ahead, according to Bank of America Merrill Lynch. The Analyst Analyst Ryan Goodman maintained an...
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Analyst On Planet Fitness: Time To Take A 'Breather' After A 'Great Run'
Friday, May 18, 2018 - 8:36am | 362Read More...Planet Fitness Inc (NYSE: PLNT) priced its 2015 initial public offering at $16 per share and investors who held the stock for years may want to consider taking a "breather," according to Imperial Capital. The Analyst Imperial Capital's George Kelly downgraded Planet Fitness ...
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Weight Watchers CEO Discusses Relevance In The Era Of Apps And Wearables
Tuesday, May 15, 2018 - 4:51pm | 499Read More...Weight Watchers International, Inc. (NYSE: WTW) was founded decades before fitness apps and wearables, which gave the company by default an advantage over new-age technologies that promote losing weight. But how can the company continue to remain relevant against companies like Fitbit Inc (NYSE:...
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DA Davidson Is Neutral On Fitbit, But Says Wearable Tech Maker Holds 'Tremendous' Opportunity
Tuesday, May 1, 2018 - 11:51am | 425Read More...Fitbit Inc (NYSE: FIT) is overseeing a multiyear effort to shift its business toward a recurring revenue model, which implies a bullish stance on the stock is unwarranted, according to D.A. Davidson. The Analyst D.A. Davidson's Tom Forte initiated coverage of Fitbit's stock with a Neutral...
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Fitbit Falls 13% And Citi Still Says 'Sell'
Tuesday, February 27, 2018 - 10:13am | 367Read More...Fitbit Inc (NYSE: FIT) said it lost 2 cents per share on revenue of $570.8 million. Both of these metrics fell short of expectations, which sent shares to a new all-time low and at least one Wall Street analyst sees further downside ahead. The Analyst Citi's Stanley Kovler maintains a...
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DA Davidson Gets Pumped About Planet Fitness, Initiates With Buy
Tuesday, November 21, 2017 - 2:03pm | 358Read More...Planet Fitness Inc (NYSE: PLNT) was initially rejected by investors following its 2015 initial public offering, but could be a compelling stock within the active lifestyle segment with over 1,400 locations, according to DA Davidson. The Analyst DA Davidson's Andrew Burns initiated...
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Analyst Sizes Up Nike, Finds A Buy Rating Still Fits
Wednesday, September 27, 2017 - 9:45am | 338Read More...Shares of Nike Inc (NYSE: NKE) were trading lower by nearly 3 percent early Wednesday morning after the company's earnings report Tuesday was mixed. But many on the Street continue to see a bullish story, including the Buckingham Research Group's Scott Krasik. Krasik maintains a Buy rating on Nike'...
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Recent Selloff In Nautilus Shares Has Created A Buying Opportunity
Monday, September 11, 2017 - 8:59am | 387Read More...Shares of Nautilus, Inc. (NYSE: NLS) have fallen 10 percent over the past three months, and the decline has created a buying opportunity, according to analysts at Aegis Capital Corp. The firm's Rommel Dionisio initiated coverage of Nautilus' stock with a Buy rating and $21 price target. Nautilus...
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Fitbit's Rough Holiday
Monday, January 30, 2017 - 11:43am | 594Read More...Shares of Fitbit Inc (NYSE: FIT) plummeted Monday morning after the company confirmed earlier reports that it needs to slash its workforce amid a weaker-than-expected sales performance. Fitbit's stock was trading on Friday near its all-time lows as investors remain skeptical that the momentum for...
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Baird's Stock Picks In Footwear And Fitness Amid Brexit Fallout
Monday, June 27, 2016 - 3:46pm | 445Read More...Baird prefers Nike Inc (NYSE: NKE), Planet Fitness Inc (NYSE: PLNT) and Duluth Holdings Inc (NASDAQ: DLTH) in the apparel, footwear and fitness sectors, despite being concerned about market volatility and political uncertainty raising the risk of a U.S./global recession in the intermediate term. "...
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Citi, Morgan Stanley At Odds Over Garmin
Thursday, October 15, 2015 - 1:59pm | 485Read More...Shares of Garmin Ltd. (NASDAQ: GRMN) plunged to new 52-week lows of $31.86 on Thursday and are now lower by nearly 40 percent year-to-date. Jeremy David of Citi maintained a Sell rating with a $30 price target on Garmin after the company pre-announced disappointing third-quarter results on...
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Fitbit Falls Hard: Here's What Top Analysts Are Saying
Thursday, August 6, 2015 - 11:51am | 665Read More...Shares of Fitbit Inc (NYSE: FIT) were trading lower by 14 percent Thursday. The company reported a better-than-expected second-quarter print (its first ever as a public company) as revenue grew sequentially and showed a year-over-year acceleration from the first quarter on strong device sales....
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Here's Why Goldman Sachs Doesn't Like Garmin Anymore (Hint: It Has To Do With Fitness)
Thursday, April 2, 2015 - 10:16am | 194Read More...In a report published Wednesday, Goldman Sachs analyst Simona Jankowski downgraded shares of Garmin Ltd. (NASDAQ: GRMN) to Neutral from Buy with a price target slashed to $54 from a previous $63 as key catalysts that drove the stock higher have now passed. According to Jankowski, Garmin's fourth...
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Resurgent Detroit: 5 Ways The Motor City Is Getting Fit
Tuesday, February 24, 2015 - 1:49pm | 1402Read More...In anticipation of Benzinga’s headquarters moving to the heart of Detroit, we’ll be putting out a monthly series highlighting new establishments and exciting things going on in what will be our new home. When it comes to the country's healthiest cities, Detroit doesn't rank...















