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Garmin Ltd. (GRMN) Has Climbed To A New High After Upgrade

Citigroup upgraded its rating on shares of Garmin Ltd. (GRMN) Wednesday morning to "Buy" from "Neutral."

Garmin gapped open higher Wednesday and is currently up 2.08 at $56.54. The stock has broken out of a 3-week trading range and has set a new high for the year.

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