RBC Capital Upgrades Garmin To Outperform

Analysts at RBC Capital upgraded Garmin Ltd.

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.