JP Morgan Maintains Neutral on Trimble, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains a Neutral rating on Trimble (NASDAQ:TRMB) and raises the price target from $58 to $59.
September 20, 2023 | 1:00 pm
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JP Morgan maintains a Neutral rating on Trimble and raises the price target from $58 to $59. This could indicate a slight positive sentiment towards the stock.
The raised price target by JP Morgan indicates a slight positive sentiment towards Trimble. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 6-12 months, which means the impact on the stock price might be limited.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100