Scalper1 News
Citigroup downgraded Garmin to sell on worries the GPS device maker faces increasing competition from fitness watches, though the investment bank calls Apple (AAPL) “a very modest threat this year.” Garmin (GRMN) stock was flat in midday trading in the stock market today, near 46.50. Citigroup analyst Jeremy David reduced his price point on Garmin stock to 42 from 68. “While we continue to see upside to Garmin’s Fitness revenue in 2015, we believe Scalper1 News
Scalper1 News