Goldman Sachs Maintains Buy on Trimble, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jerry Revich maintains a Buy rating on Trimble (NASDAQ:TRMB) but has lowered the price target from $66 to $58.
November 02, 2023 | 1:55 pm
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NEUTRAL IMPACT
Goldman Sachs has maintained a Buy rating on Trimble but lowered the price target from $66 to $58.
The news is directly related to Trimble. While the maintained Buy rating is positive, the lowered price target could have a negative impact. However, the overall impact is neutral as the Buy rating indicates that Goldman Sachs still sees potential in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100