Longbow analyst David MacGregor upgraded Garmin (GRMN) to Buy from Neutral with a $250 price target The says the recent 25% selloff in the shares is an overreaction to the prospect of the company’s 2026 revenue growth being hurt by a revenue gap in the automotive business in the first half of 2026. Garmin will post “another year of impressive growth” in 2026, the analyst tells investors in a research note. Longbow sees a good entry point at current levels.
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