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Garmin Ltd. (GRMN) [hlAlert]

Rating:
Hold GRMN

Garmin Ltd. (GRMN) rated Hold by Needham

Posted on: Thursday,  Aug 1, 2013  8:25 AM ET by Needham

Needham rated Hold Garmin Ltd. (NASDAQ: GRMN) on 08/01/2013. Previously Needham rated Buy Garmin Ltd. (NASDAQ: GRMN) on 05/01/2008., when
the stock price was $40.20. Since then, Garmin Ltd. has gained 21.42% as of 05/19/2008's recent price of $48.81.
If you would have followed the previous Needham's recommendation on GRMN, you would have gained 21.41% of your investment in 18 days.

Garmin International is designs, manufactures, and markets navigation and communications equipment for a variety of markets, including aviation, marine, automotive, cellular, OEM, and general recreation. Specifically, the company aims to enrich the lives of customers, suppliers, distributors, and employees by providing the very best products that offer superior quality, safety, and operational features at affordable prices.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/1/2013 8:25 AM Hold
None
40.00
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/19/2008 9:25 AM Hold
None
48.81
5/1/2008 9:25 AM Buy
None
40.20 48.00
2/1/2008 9:25 AM Buy
None
72.85 85.00

(*) Stock Price at the time of the recommendation.
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