Piper Sandler Reiterates Neutral on Trimble, Maintains $51 Price Target
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Clarke Jeffries has reiterated a Neutral rating on Trimble (NASDAQ:TRMB) and maintained a $51 price target.
August 04, 2023 | 2:54 pm
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NEUTRAL IMPACT
Trimble's stock rating has been reiterated as Neutral by Piper Sandler, with a maintained price target of $51.
The reiteration of a Neutral rating indicates that the analyst believes the stock will perform in line with the market average. This could mean that there are no significant catalysts expected to drive the stock price significantly higher or lower in the near term. The maintained price target of $51 suggests that the analyst believes this is the fair value of the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100