1 posts and columns on Pablo Perez-Fernandez

Are They Lost? Tough Q4 Ahead for Garmin and TomTom

in News on September 23, 2008 at 5:07 pm PT

More risk remains for Garmin (GRMN) and TomTom, the two leading providers of personal navigation devices. That’s the conclusion of Pablo Perez-Fernandez, an analyst at Global Crown Capital, in San Francisco. Perez-Fernandez picked up coverage of both companies this morning with an Underweight rating, asserting that both stocks could drop 20 percent or more over the next six months.