Garmin (GRMN) Stock Upgraded To Buy At Bank Of America

Published: March 18, 2022, 5:17 p.m.

b'Garmin (GRMN) stock price is up over 5% so far today. The company makes GPS navigation devices and applications with segments including fitness, outdoor, aviation, marine, and auto. The GRMN stock was recently upgraded to buy from neutral at Bank of America with a cut price target of $140. The analyst states that Garmin was a clear beneficiary of the pandemic. George Tsilis weighs in and discusses an example call option spread on GRMN.'