JP Morgan Maintains Neutral on Trimble, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains a Neutral rating on Trimble (NASDAQ:TRMB) and raises the price target from $59 to $62.
September 29, 2023 | 11:22 am
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NEUTRAL IMPACT
JP Morgan maintains a Neutral rating on Trimble and raises the price target from $59 to $62.
The news is directly about Trimble and its price target being raised by JP Morgan. However, the Neutral rating suggests that the analyst does not expect significant price movement in the short term. Therefore, the impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100