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Stock impact report

Barclays Turns More Constructive on Garmin (GRMN) as Valuation Looks Undemanding [Yahoo! Finance]

Garmin Ltd. (GRMN) 
Last garmin ltd. earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: garmin.com/en-us/company/investors
Company Research Source: Yahoo! Finance
On January 16, Barclays upgraded Garmin Ltd. (NYSE:GRMN) to Equal Weight from Underweight and raised its price target to $217 from $208. The shift reflects a more constructive view on the stock, driven by what the firm described as an “undemanding” valuation, Garmin's diversified business lines, and steady momentum in wearables, “that continues to benefit from positive secular trends around wellness.” The call followed fresh product news earlier in the month. On January 6, Garmin and Meta unveiled an automotive OEM proof-of-concept that blends Meta's Neural Band and electromyography technology with Garmin's Unified Cabin in-vehicle platform. The concept was introduced at CES 2026. It allows passengers to control select infotainment features through simple hand gestures detected by the EMG band, using movements of the thumb, index, and middle fingers. The idea is to move beyond touchscreens and create a more relaxed, intuitive in-car experience, especially for passengers rather th Show less Read more
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