Morgan Stanley Raises Target Price for Garmin Ltd.
1 report, 1 independent
Updated 00:00
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What happened
Morgan Stanley increased its target price on Garmin Ltd. in a research report. The firm raised its target price from $249.00 to $289.00 and assigned a rating of “equal weight” in a report dated July 30th.
From themarketsdaily.com
Why it matters
The rating update reflects market sentiment regarding Garmin Ltd. The increase in the target price is based on the investment bank's analysis of the company's market performance.
From themarketsdaily.com
Who's involved
- Garmin Ltd.Consumer electronics company whose market valuation was assessed
- Morgan StanleyU.S. investment bank that issued the analyst report
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The entities involved
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Garmin Ltd.
parent company of the Garmin group
Nothing else this week.
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Morgan Stanley
U.S. investment bank
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