Barclays Maintains Equal-Weight on Garmin, Raises Price Target to $119
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst George Kelly has maintained an Equal-Weight rating on Garmin (NYSE:GRMN) and raised the price target from $113 to $119.
November 02, 2023 | 3:18 pm
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POSITIVE IMPACT
Barclays has maintained an Equal-Weight rating on Garmin and raised the price target from $113 to $119.
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