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Garmin Ltd. (GRMN) [hlAlert]

Rating:
Neutral GRMN
down 67.24 %

Garmin Ltd. (GRMN) downgraded to Neutral with price target $20 by Robert W. Baird

Posted on: Wednesday,  Apr 8, 2009  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Neutral Garmin Ltd. (NASDAQ: GRMN) on 04/08/2009. Previously Robert W. Baird rated Outperform Garmin Ltd. (NASDAQ: GRMN) on
02/21/2008., when the stock price was $64.60. Since then, Garmin Ltd. has lost 67.24% as of 04/08/2009's recent price of $21.16.
If you would have followed the previous Robert W. Baird's recommendation on GRMN, you would have lost 67.24% of your investment in 412 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.

Deep, comprehensive coverage is essential to your success. And with nearly 100 research professionals covering over 500 U.S. companies, our reputation for trusted, award-winning, in-depth analysis with a strong commitment to objective, fundamental research speaks for itself.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/8/2009 8:25 AM Hold
None
21.16 20.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD up  10.38 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/21/2008 8:25 AM Buy
None
64.60 79.00

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