JP Morgan Maintains Neutral on Trimble, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains a Neutral rating on Trimble (NASDAQ:TRMB) but lowers the price target from $65 to $58.
August 07, 2024 | 6:22 pm
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JP Morgan analyst Tami Zakaria maintains a Neutral rating on Trimble but lowers the price target from $65 to $58.
The lowered price target from $65 to $58 by JP Morgan suggests a less optimistic outlook for Trimble, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100