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No. of Recommendations: 3
Maybe I should apply for a job at Deutsche Bank:

"Jonathan Goldberg kept a "Buy" rating and a $125 price target on Garmin stock, and said the Cayman Islands-based company can respond to Nokia Corp.'s purchase of Navteq in several ways: it could make its own offer for Navteq, bid for Tele Atlas NV, build a mapping network of its own, or deal with Nokia."

I can parrot Garmin's investor relations department just as well as he can. Yet somehow this reaffirmation moved the stock 5%? Ridiculous.

It works well for Garmin, this sort of statement coming from an analyst has much more impact than a press release would.

-- Dennis
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