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Analysts at Atlantic Equities downgraded
Garmin Ltd.GRMN from Overweight to Neutral.
The price target for Garmin has been lowered from $64.00 to $55.00.
Garmin shares have dropped 2.41% over the past 52 weeks, while the S&P 500 index has surged 12.30% in the same period.
Garmin's shares fell 0.08% to $50.68 in pre-market trading.
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