Trimble Acquires Sefaira Ltd.--Leading Provider of Software for High-Performance Building Design

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Wedbush Reiterates Outperform as Trimble's (TRMB) 4Q Results Show Confidence in Growth Trajectory

February 10, 2016 9:36 AM EST

Wedbush reiterated an Outperform rating and $28.00 price target on Trimble Navigation (NASDAQ: TRMB) following the company's 4Q earnings report. The company reported revenues of $559.7 million and adjusted EPS of $0.27. This compares to consensus revenue and EPS estimates of $544.4 million and $0.24, respectively. Given the better-than-expected... More