Oppenheimer Downgrades Garmin To Market Perform

Analysts at Oppenheimer downgraded

from Outperform to Market Perform and removed the price target of $65.00. Garmin shares have dropped 10.06% over the past 52 weeks, while the S&P 500 index has surged 10.47% in the same period. Garmin's shares fell 1.21% to $47.42 in pre-market trading.