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

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



This article appears in: Investing , Investing Ideas , Stocks

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