<< Read Full Article
<< Read Full Article
Garmin Fades From Glory
Shares of Garmin(GRMN Quote) plunged Wednesday after the stock was downgraded by a Wall Street firm over fears of competition-induced price pressures and slowing growth for personal navigation devices in Europe.
The stock was recently off $9.38, or 11.7%, to $70.85. The drop brings Garmin's stock down by more than one-third in just one month.
Deutsche Securities analyst Jonathan Goldberg downgraded the stock to a hold from buy and reduced his price target to $90 from $125. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
Connect with TheStreet