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Needham & Compnay Adjusts Ests on Garmin (GRMN) Following Q4 Report, Outlook; Fitness Strength Saves the Quarter

February 18, 2015 3:22 PM EST

Needham & Company affirms Garmin (Nasdaq: GRMN) at Hold following Q4 results and mixed FY15 guidance.

Analyst Richard Valera noted that results were bolstered from upside in Fitness, while Outdoor and Aviation failed to meet expectations. We are impressed by GRMN's growth in... More