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Wells Fargo Remains a Buy on Trimble (TRMB)
Wells Fargo analyst maintained a Buy rating on Trimble today and set a price target of $79.00.
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In addition to Wells Fargo, Trimble also received a Buy from Robert W. Baird’s Richard Eastman in a report issued yesterday. However, on the same day, TipRanks – xAI reiterated a Hold rating on Trimble (NASDAQ: TRMB).
Based on Trimble’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $969.8 million and a net profit of $156.6 million. In comparison, last year the company earned a revenue of $983.4 million and had a net profit of $90.2 million
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