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Fly News Breaks for March 6, 2017
GRMN
Mar 6, 2017 | 05:35 EDT
Goldman Sachs analyst Simona Jankowski upgraded Garmin to Neutral saying the risk/reward is balanced following the recent underperformance. The analyst no longer sees downside to consensus estimates, and expects a return to growth in 2018. Jankowski raised her price target for Garmin shares to $52 from $48.
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