- Three weeks after Morgan Stanley upgraded Garmin (GRMN +2.4%), RBC has done the same, upping its rating for the navigation hardware vendor to Outperform and hiking its target by $2 to $67. With Garmin trading well below both RBC's old and new targets, the firm cites valuation as the reason for its upgrade.
- Garmin's Q4 report arrives on Feb. 18. Shares go for 17x 2015E EPS.