Garmin, Ltd. (GRMN) - Bull of the Day

By Zacks Equity Research,

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Garmin Ltd. GRMN

We note that Garmin's expected earnings growth rate of 15.0% over the next 5 years is similar to the 15.5% growth expected of its peers, but significantly higher than the S&P 500, which indicates upside. We therefore have an Outperform rating on Garmin shares and raise our target price to $42 (17.1X 2011 EPS).
GARMIN LTD ( GRMN ): Free Stock Analysis Report
Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: GRMN

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