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Stock Market & Financial Investment News

News Breaks
February 20, 2013
10:08 EDTGRMNGarmin gaps down sharply, falls further, levels to watch
The company reported earnings for its Q4 that missed consensus by 5 cents and cut its fiscal year 2013 estimate to a range of $2.30 to $2.40 per share versus expectations of $2.82. At the current price of $35.27, next support is at $34.80, and then at $33.32. Resistance is at $37.19.
News For GRMN From The Last 14 Days
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May 21, 2015
09:02 EDTGRMNMio announces strategic relationship with Garmin International
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May 15, 2015
06:27 EDTGRMNCiti calls Garmin risk/reward unattractive, reiterates Sell
Citigroup says that around $46, shares of Garmin are unattractive on a risk/reward basis. In a bear case scenario, Citi believes the stock is worth $32. In a bull case, the firm thinks the shares are worth $52. It reiterates a Sell rating on Garmin with a $42 price target.

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