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Stock Market & Financial Investment News

News Breaks
June 2, 2014
07:01 EDTGRMNGarmin names Doug Boessen as CFO, effective July 31
Garmin Ltd. announced that Doug Boessen has joined the company and will serve as CFO and treasurer beginning July 31. Boessen recently served as CFO for Collective Brands.
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July 10, 2014
06:19 EDTGRMNGarmin price target raised to $70 from $65 at Citigroup
Citigroup raised its price target for Garmin shares to $70 saying the company's fitness band vívofit is well positioned to benefit from the faster than expected growth in the activity monitor category. Citi believes 2M-2.5M activity monitors were shipped in Q1, and it expects strong momentum through 2014 and 2015. It reiterates a Buy rating on Garmin.

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