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Fly News Breaks for May 15, 2015
GRMN
May 15, 2015 | 06:27 EDT
Citigroup says that around $46, shares of Garmin are unattractive on a risk/reward basis. In a bear case scenario, Citi believes the stock is worth $32. In a bull case, the firm thinks the shares are worth $52. It reiterates a Sell rating on Garmin with a $42 price target.
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