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Garmin Ltd. (GRMN) Estimates Raised at Midwest Boutique Firm

Cleveland Research raises estimates on Neutral-rated Garmin Ltd. (NASDAQ: GRMN) following feedback on new outdoor and fitness products. The firms raises FY 2019 revenues to $3.63 billion (from 3.60 billion and FY 2020 revenue to $3.91 billion from $3.81 billion.

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