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Trimble (TRMB) Gets a Buy from J.P. Morgan
In a report released today, Tami Zakaria from J.P. Morgan maintained a Buy rating on Trimble, with a price target of $88.00.
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Zakaria covers the Industrials sector, focusing on stocks such as Oshkosh, Paccar, and ESAB Corporation. According to TipRanks, Zakaria has an average return of 14.1% and a 67.38% success rate on recommended stocks.
Trimble has an analyst consensus of Strong Buy, with a price target consensus of $93.88.
Based on Trimble’s latest earnings release for the quarter ending January 2, 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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