Barclays analyst George Wang raised the firm’s price target on Garmin to $166 from $140 and keeps an Equal Weight rating on the shares post the Q1 report. The analyst increased estimates across the board to account for a stronger start to the year.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GRMN:
- GRMN Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Garmin expands avionics database solutions for Europe
- Garmin price target raised to $155 from $139 at JPMorgan
- Garmin Announces Executive Team Transition and Appointments
- Garmin General Counsel Andrew Etkind to step down, Josh Maxfield to succeed
