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Enter Symbol:
 
Garmin Ltd. (GRMN) [hlAlert]

Rating:
Mkt Perform
GRMN

Garmin Ltd. (GRMN) rated Mkt Perform with price target $38 by Avondale

Posted on: Friday,  Aug 22, 2008  12:25 PM ET by Avondale

Garmin (GRMN) rated Mkt
Perform with price target $38 by Avondale.

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.

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as Forbes.com’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/22/2008 12:25 PM Hold
None
35.79 38.00
as of 12/24/2008
1 Week up  7.54 %
1 Month up  10.40 %
3 Months up  33.59 %
1 YTD up  23.42 %

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