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Stock impact report

Tigress Lifts Garmin (GRMN) Target, Cites Strength Across Wearables and Aviation [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 December 19, Tigress Financial raised its price target on Garmin Ltd. (NYSE:GRMN) to $310 from $305 and kept a Strong Buy rating. The firm points to wearables and outdoor devices as key growth drivers, with aviation and marine businesses adding steady, high-margin support. Tigress said its 12-month target implies a potential total return of more than 55% from current levels, including dividends. Garmin Ltd. (NYSE:GRMN) continues to draw attention as consumers lean into its GPS and wearable products. In the third quarter of 2025, revenue reached $1.77 billion, up 12% from the same period last year. Those sales translate into strong cash generation. Free cash flow totaled $425 million for the quarter, well above the company's $173 million dividend payout. The dividend yield sits at a modest 1.76%, but the balance sheet remains solid. That financial flexibility matters during slower growth periods. It also gives management room to invest when opportunities appear. Over time, Ga Show less Read more
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