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Garmin Ltd. (GRMN) [hlAlert]

Neutral GRMN
down 6.90 %

Garmin Ltd. (GRMN) downgraded to Neutral by MKM Partners

Posted on: Wednesday,  Jan 19, 2011  11:25 AM ET by MKM Partners

MKM Partners rated Neutral Garmin Ltd. (NASDAQ: GRMN) on 01/19/2011. Previously MKM Partners rated Buy Garmin Ltd. (NASDAQ: GRMN) on 05/24/2010.,
when the stock price was $33.73. Since then, Garmin Ltd. has lost 6.91% as of 01/19/2011's recent price of $31.40.
If you would have followed the previous MKM Partners's recommendation on GRMN, you would have lost 6.9% of your investment in 240 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.

MKM Partners LLC is an institutional equity trading and research firm. MKM Partners has extensive experience in the agency execution of U.S. and international equity orders. We provide clients with timely and unbiased economic, technical, and fundamental research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/19/2011 11:25 AM Hold
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD up  1.32 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/24/2010 8:25 AM Buy
33.73 40.00
4/9/2010 8:25 AM Hold
38.41 36.00

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