Oppenheimer Maintains Outperform on Trimble, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Colin Rusch maintains an Outperform rating on Trimble (NASDAQ:TRMB) and raises the price target from $65 to $72.
March 14, 2024 | 5:27 pm
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Oppenheimer analyst Colin Rusch maintains an Outperform rating on Trimble and raises the price target from $65 to $72.
The increase in the price target by Oppenheimer, a reputable financial institution, along with the maintenance of an Outperform rating, signals a strong positive outlook on Trimble's stock. This is likely to instill confidence in investors about the company's future performance and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100