Barclays Maintains Equal-Weight on Garmin, Raises Price Target to $113
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst George Kelly maintains an Equal-Weight rating on Garmin (NYSE:GRMN) and raises the price target from $106 to $113.
August 04, 2023 | 12:55 pm
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POSITIVE IMPACT
Barclays maintains an Equal-Weight rating on Garmin and raises the price target from $106 to $113.
The raised price target by Barclays indicates a positive outlook for Garmin. This could potentially lead to an increase in the stock price in the short term as it signals confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100