Garmin 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.
Citi 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.