RDVY, SYF, SLM, GRMN: Large Inflows Detected at ETF

Written by Emily J. Thompson, Senior Investment Analyst

GRMN-0.14%

RDVY-0.51%

SYF-2.15%

Source: NASDAQ.COM

Updated: Dec 24 2024

0mins

Source: NASDAQ.COM

Stock Performance Overview: RDVY's share price is currently at $59.63, with a 52-week low of $49.60 and a high of $64.63, indicating its performance within the trading range.
ETFs Trading Dynamics: Exchange traded funds (ETFs) function like stocks but involve buying and selling "units," which can be created or destroyed based on investor demand, affecting the underlying holdings significantly.

GRMN

$205.83+Infinity%1D

Analyst Views on GRMN

Wall Street analysts forecast GRMN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GRMN is 229.60 USD with a low forecast of 185.00 USD and a high forecast of 310.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

7 Analyst Rating

2 Buy

2 Hold

3 Sell

Hold

Current: 206.120

Low

185.00

Averages

229.60

High

310.00

Current: 206.120

Low

185.00

Averages

229.60

High

310.00

Barclays

Underweight -> Equal Weight

upgrade

$208 -> $217

2026-01-16

Reason

Barclays

Price Target

$208 -> $217

AI Analysis

2026-01-16

upgrade

Underweight -> Equal Weight

Reason

Barclays upgraded Garmin to Equal Weight from Underweight with a price target of $217, up from $208. The firm is more positive on Garmin citing the stock's "undemanding" valuation, the company's business diversification, and continued strength in the wearables business "that continues to benefit from positive secular trends around wellness."

Tigress Financial

Strong Buy

maintain

$305 -> $310

2025-12-19

Reason

Tigress Financial

Price Target

$305 -> $310

2025-12-19

maintain

Strong Buy

Reason

Tigress Financial raised the firm's price target on Garmin to $310 from $305 and keeps a Strong Buy rating on the shares on the view of wearables and outdoor devices driving outsized expansion, while aviation and marine add high-margin stability. The firm notes that its 12-month price target represents a potential total return of over 55% from current levels, including dividends.

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Longbow

David MacGregor

Neutral

Buy

upgrade

$250

2025-12-03

Reason

Longbow

David MacGregor

Price Target

$250

2025-12-03

upgrade

Neutral

Buy

Reason

Longbow analyst David MacGregor upgraded Garmin to Buy from Neutral with a $250 price target. The says the recent 25% selloff in the shares is an overreaction to the prospect of the company's 2026 revenue growth being hurt by a revenue gap in the automotive business in the first half of 2026. Garmin will post "another year of impressive growth" in 2026, the analyst tells investors in a research note. Longbow sees a good entry point at current levels.

Barclays

Underweight

maintain

$167 -> $208

2025-10-30

Reason

Barclays

Price Target

$167 -> $208

2025-10-30

maintain

Underweight

Reason

Barclays raised the firm's price target on Garmin to $208 from $167 and keeps an Underweight rating on the shares following the Q3 beat. The company's Fitness, Aviation and Marine segments continued to surprise to the upside while Outdoor disappointed, the analyst tells investors in a research note. Barclays believes Garmin's visibility remains challenging across the Fitness and Outdoor verticals.

About GRMN

Garmin Ltd. (Garmin) is a Switzerland-based entity. The Company and its subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. The Company operates through five segments: fitness, outdoor, aviation, marine and auto. It offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market. It offers Outdoor Handhelds, Wearable Devices, Golf Devices, and Dog Tracking and Training/Pet Obedience Devices. Garmin offers various products designed for use in fitness and activity tracking. Company’s aviation business segment is a provider of solutions to aircraft manufacturers, existing aircraft owners and operators, as well as military and government customers and serves a range of aircraft, including transport aircraft, business aviation, general aviation, experimental/light sport, helicopters, optionally piloted vehicles, and unmanned aerial vehicles. Company operates worldwide.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.