Список проголосовавших за комментарий " Fitbit target lowered to $6.50 at Mizuho in light of the recent end user demand slowdown; Neutral (6.19 -1.02)Mizuho lowers their FIT tgt to $6.50 from $9 9 to reflect surprisingly sharp end user demand slowdown. The stock is now trading at ~0.5x EV/Sales, akin to GPRO's multiple at the height of its struggles in 2016. Despite FIT's leading position within wearables and projected $2.70 cash/share at 4Q-end, slowing category growth, potential domestic saturation, and weak adoption abroad suggest declining unit demand and pressure on ASP for the foreseeable future. <strong>Furthermore, while opex cuts and indications to pursue smart watch business are encouraging, firm believes lack of topline visibility will continue to pressure the stock.</strong>"