Garmin Ltd. (NYSE:GRMN) is included among the 12 Most Profitable Dividend Stocks to Buy in 2026. Barclays Turns More Constructive on Garmin (GRMN) as Valuation Looks Undemanding On January 16, Barclays upgraded Garmin Ltd. (NYSE:GRMN) to Equal Weight from Underweight and raised its price target to $217 from $208. The shift reflects a more constructive view on the stock, driven by what the firm described as an “undemanding” valuation, Garmin’s diversified business lines, and steady momentum in wearables, ...