Barclays Maintains Equal-Weight on Garmin, Raises Price Target to $166
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst George Wang has maintained an Equal-Weight rating on Garmin (NYSE:GRMN) and increased the price target from $140 to $166.
May 02, 2024 | 3:02 pm
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Barclays has maintained an Equal-Weight rating on Garmin and raised the price target from $140 to $166.
The increase in price target by Barclays reflects a positive outlook on Garmin's stock, suggesting potential upside. This could lead to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100