Form 8-K GARMIN LTD For: Oct 30

Go back to Form 8-K GARMIN LTD For: Oct 30

Garmin Ltd. (GRMN) PT Raised to $212 at JPMorgan

October 31, 2024 7:41 AM EDT

JPMorgan analyst Samik Chatterjee raised the price target on Garmin Ltd. (NYSE: GRMN) to $212.00 (from $178.00) while maintaining a Neutral rating.

The analyst comments "Garmin reported another solid earnings beat in 3Q24; albeit, this time with a raise to the full-year guide that well surpassed the hurdle that was set by the premium valuation. While we expected a more resilient quarter than what the bearish investors had been... More