Scalper1 News
Garmin (GRMN), a maker of satellite navigation gear and devices for fitness and outdoor enthusiasts, saw its stock tumble Wednesday after being downgraded by Pacific Crest Securities. Pacific Crest analyst Brad Erickson cut his rating on Garmin to underperform from sector perform, citing a bunch of risks to the stock. He said Wall Street is overestimating the upside potential for Garmin’s Vivofit activity bands and Virb action cameras. Garmin’s Scalper1 News
Scalper1 News