Piper Sandler Maintains Neutral on Trimble, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Clarke Jeffries has maintained a Neutral rating on Trimble (NASDAQ:TRMB) and lowered the price target from $51 to $42.

November 01, 2023 | 8:27 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Trimble's price target has been lowered from $51 to $42 by Piper Sandler, which maintains a Neutral rating on the stock.
The lowering of the price target by Piper Sandler could potentially lead to a negative sentiment among investors, which may result in a short-term decrease in Trimble's stock price. The maintained Neutral rating indicates that the analyst sees neither a strong upside nor downside from the current price level.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100