Garmin Ltd. (GRMN) Tops Q4 EPS Views; Issues FY16 Revs, EPS Outlook
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JPMorgan Downgrades Garmin Ltd. (GRMN) to Underweight
February 18, 2016 6:41 AM ESTJPMorgan downgraded Garmin Ltd. (NASDAQ: GRMN) from Neutral to Underweight with a price target of $36.00.
For an analyst ratings summary and ratings history on Garmin Ltd. click here. For more ratings news on Garmin Ltd. click here.
Shares of Garmin Ltd. closed at $41.06 yesterday.
... MoreNeedham & Company Remains Sidelined Following Garmin's (GRMN) Exceptional Quarter and 'Tepid' Guide
February 17, 2016 3:31 PM ESTNeedham & Company reiterated a Hold rating on Garmin Ltd. (NASDAQ: GRMN) following the company's 4Q earnings report. Garmin reported 4Q15 revenue of $781MM that solidly exceeded consensus of $759MM. NG EPS of $0.74 also sharply exceeded consensus on better than expected GMs in most segments. Aviation and... More
