Merrill Lynch downgrades Garmin (GRMN) to Neutral
GRMN Hot Sheet
Rating Summary:2 Buy, 5 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 16 | Down: 7 | New: 23
Merrill Lynch downgrades Garmin (Nasdaq: GRMN) from Buy to Neutral, citing competition and said strong Q4 results are already discounted in the stock price.
Garmin Ltd. designs and manufactures navigation, communication and information electronics. Garmin is a leader in the general aviation and consumer GPS markets and its products serve aviation, marine, outdoor, fitness, automotive, mobile and OEM applications.
Garmin Ltd. designs and manufactures navigation, communication and information electronics. Garmin is a leader in the general aviation and consumer GPS markets and its products serve aviation, marine, outdoor, fitness, automotive, mobile and OEM applications.
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