Deutsche Bank slashes Fitbit’s price target by 50% to $9, says wearables demand is ‘waning’ | Traderszone

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Published in TZ Latest News 8 December, 2016 by The TZ Newswire Staff

Deutsche Bank slashes Fitbit’s price target by 50% to $9, says wearables demand is ‘waning’

Deutsche Bank downgraded Fitbit to hold from buy due to concerns of waning demand.

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