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بالنسبه للي محتفظين في جارمن GRMN هناك خبر اتمنا انه يساعد السهم هاليومين upgrad
Garmin upgraded to Buy from Hold at Needham- tgt $108 (88.13 ) : Needham upgrades GRMN to Buy from Hold with a $108 tgt saying they were frankly surprised by the market reaction to GRMN's strong earnings report yesterday. They say while GRMN's Aviation business was light in the quarter, they think the co made a strong case for this business rebounding sharply in 2H06. And while there will undoubtedly continue to be concerns around eventual margin erosion in the co's P.N.D business, the co's 2Q06 results demonstrated impressive margin resiliency. The firm says the combination of substantially raised estimates with a stock price that is below where it was following the 1Q06 report results in a meaningfully better risk/reward profile for the shares.
Garmin upgraded to Buy from Hold at Needham- tgt $108 (88.13 ) : Needham upgrades GRMN to Buy from Hold with a $108 tgt saying they were frankly surprised by the market reaction to GRMN's strong earnings report yesterday. They say while GRMN's Aviation business was light in the quarter, they think the co made a strong case for this business rebounding sharply in 2H06. And while there will undoubtedly continue to be concerns around eventual margin erosion in the co's P.N.D business, the co's 2Q06 results demonstrated impressive margin resiliency. The firm says the combination of substantially raised estimates with a stock price that is below where it was following the 1Q06 report results in a meaningfully better risk/reward profile for the shares.