JP Morgan Maintains Overweight on Garmin, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Lauren Chung maintains an Overweight rating on Garmin (NYSE:GRMN) and raises the price target from $118 to $135.
November 02, 2023 | 9:08 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Garmin and raises the price target from $118 to $135, which could lead to a positive impact on the stock.
The raised price target by JP Morgan indicates a positive outlook for Garmin. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100