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Garmin Ltd. (GRMN) [hlAlert]

down 7.48 %

Garmin Ltd. (GRMN) upgraded to Hold by Stifel Nicolaus

Posted on: Friday,  Feb 4, 2011  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Hold Garmin Ltd. (NASDAQ: GRMN) on 02/04/2011. Previously Stifel Nicolaus rated Sell Garmin Ltd. (NASDAQ: GRMN) on 11/18/2010.,
when the stock price was $29.55. Since then, Garmin Ltd. has gained 8.09% as of 02/04/2011's recent price of $31.94.
If you would have followed the previous Stifel Nicolaus's recommendation on GRMN, you would have lost 7.48% of your investment in 78 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.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2011 8:25 AM Hold
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD down  -3.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/18/2010 8:25 AM Sell

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