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Trimble (TRMB) Receives a Buy from Bernstein
Bernstein analyst Chad Dillard maintained a Buy rating on Trimble today and set a price target of $85.00.
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According to TipRanks, Dillard is a 4-star analyst with an average return of 10.4% and a 65.29% success rate. Dillard covers the Industrials sector, focusing on stocks such as Cummins, Caterpillar, and Paccar.
Currently, the analyst consensus on Trimble is a Strong Buy with an average price target of $83.00.
Based on Trimble’s latest earnings release for the quarter ending April 3, the company reported a quarterly revenue of $939.9 million and a net profit of $98.9 million. In comparison, last year the company earned a revenue of $840.6 million and had a net profit of $66.7 million
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