JP Morgan Upgrades Garmin To Neutral

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JP Morgan upgraded
Garmin Ltd.GRMN
from Underweight to Neutral. The price target for Garmin has been lowered from $48.00 to $46.00. Garmin shares have dropped 19.85 percent over the past 52 weeks, while the S&P 500 index has surged 11.85 percent in the same period. Garmin shares fell 4.11 percent to close at $45.54 yesterday.
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