Analysts at RBC Capital upgraded Garmin Ltd. GRMN from Sector Perform to Outperform.
The price target for Garmin has been raised from $65 to $67.
Garmin shares have surged 17.10% over the past 52 weeks, while the S&P 500 index has gained 15.17% in the same period.
Garmin's shares fell 0.24% to close at $53.01 on Friday.
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