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Analysts Offer Insights on Technology Companies: Trimble (TRMB) and Nvidia (NVDA)

Tipranks - Thu Mar 19, 7:34AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Trimble (TRMBResearch Report) and Nvidia (NVDAResearch Report) with bullish sentiments.

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Trimble (TRMB)

Bernstein analyst Chad Dillard maintained a Buy rating on Trimble yesterday and set a price target of $99.00. The company’s shares closed last Tuesday at $67.09.

According to TipRanks.com, Dillard is a 4-star analyst with an average return of 7.6% and a 60.0% success rate. Dillard covers the Industrial Goods sector, focusing on stocks such as Legence Corp. Class A, Quanta Services, and United Rentals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Trimble with a $92.00 average price target, a 37.2% upside from current levels. In a report issued on March 4, J.P. Morgan also maintained a Buy rating on the stock with a $88.00 price target.

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Nvidia (NVDA)

In a report released yesterday, Jim Kelleher from Argus Research reiterated a Buy rating on Nvidia, with a price target of $220.00. The company’s shares closed last Tuesday at $181.93.

According to TipRanks.com, Kelleher is a top 100 analyst with an average return of 30.1% and a 68.0% success rate. Kelleher covers the Technology sector, focusing on stocks such as International Business Machines, Telefonaktiebolaget LM Ericsson, and Dell Technologies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nvidia with a $274.16 average price target, a 48.1% upside from current levels. In a report issued on March 2, Morgan Stanley also maintained a Buy rating on the stock with a $260.00 price target.

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