Garmin price target raised to $305 from $285 at Tigress Financial

Tigress Financial analyst Ivan Feinseth raised the firm’s price target on Garmin (GRMN) to $305 from $285 and keeps a Strong Buy rating on the shares. Garmin will continue to benefit from accelerating revenue growth, driven by ongoing strength in fitness and smart wearables, says the analyst, who notes that the firm’s raised target represents a potential total return of over 25% from current levels.