Trimble (TRMB) Falls 6% Amid Brexit; 24% EU Exposure

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Go back to Trimble (TRMB) Falls 6% Amid Brexit; 24% EU Exposure

Wedbush Raises Price Target on Trimble (TRMB) to $29; Reiterates Outperform

June 24, 2016 7:22 AM EDT

Wedbush reiterated an Outperform rating on Trimble Navigation (NASDAQ: TRMB), and raised the price target to $29.00 (from $27.00). Wedbush believes that the company is well positioned to benefit from the increasing use of mobile connectivity to drive productivity across a number of industries, including infrastructure, agriculture, and... More