tiprankstipranks
Blurbs

Analysts Offer Insights on Technology Companies: Garmin (GRMN) and Grab (GRAB)

Analysts fell to the sidelines weighing in on Garmin (GRMNResearch Report) and Grab (GRABResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Garmin (GRMN)

J.P. Morgan analyst Joseph Cardoso downgraded Garmin to Hold today and set a price target of $135.00. The company’s shares closed last Friday at $123.85, close to its 52-week high of $129.32.

According to TipRanks.com, Cardoso is a 3-star analyst with an average return of 4.7% and a 75.0% success rate. Cardoso covers the Technology sector, focusing on stocks such as TD SYNNEX Corporation, Insight Enterprises, and Motorola Solutions.

Currently, the analyst consensus on Garmin is a Hold with an average price target of $118.50.

See the top stocks recommended by analysts >>

Grab (GRAB)

J.P. Morgan analyst Ranjan Sharma maintained a Hold rating on Grab on January 11 and set a price target of $3.60. The company’s shares closed last Friday at $3.21.

Sharma has an average return of 0.9% when recommending Grab.

According to TipRanks.com, Sharma is ranked #6282 out of 8669 analysts.

Grab has an analyst consensus of Strong Buy, with a price target consensus of $4.35.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on GRMN:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles