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Garmin Ltd. (GRMN) [hlAlert]

Rating:
Neutral GRMN

Garmin Ltd. (GRMN) rated Neutral with price target $48 by Citigroup

Posted on: Wednesday,  Dec 11, 2013  8:25 AM ET by Citigroup

Garmin Ltd. (NASDAQ: GRMN)
rated Neutral with price target $48 by Citigroup.

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.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/11/2013 8:25 AM Hold
None
49.05 48.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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