Trimble shares are trading higher after Piper Sandler upgraded the stock from Neutral to Overweight and raised its price target from $51 to $68.
Portfolio Pulse from Benzinga Newsdesk
Trimble shares are trading higher following an upgrade by Piper Sandler from Neutral to Overweight and an increase in the price target from $51 to $68.

February 13, 2024 | 3:57 pm
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POSITIVE IMPACT
Trimble's stock price is expected to rise in the short term due to the upgrade from Neutral to Overweight by Piper Sandler and the increase in price target from $51 to $68.
Analyst upgrades and revised price targets are significant indicators of a stock's potential future performance. The upgrade from Neutral to Overweight by Piper Sandler, a reputable financial services firm, along with a substantial increase in the price target from $51 to $68, suggests a strong bullish outlook for Trimble. This is likely to attract investor attention and increase buying pressure, driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100