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Oppenheimer On Why Fitbit's Pebble Acquisition Works
Thursday, December 8, 2016 - 11:49am | 213Offering its take on Fitbit Inc (NYSE: FIT)'s acquisition of certain Pebble assets, Oppenheimer said the deal is unlikely to immediately impact the near-term growth trajectory. Nevertheless, the firm believes the deal to be positive and supportive of its long-term thesis. Analysts Andrew...