Piper Sandler Upgrades Trimble Navigation (TRMB) to Overweight, 'Better Organic Growth, Debt Paydown, & Buybacks'

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Trimble Navigation (TRMB) PT Raised to $63 at Goldman Sachs

February 12, 2024 5:34 PM EST

Goldman Sachs analyst Jerry Revich raised the price target on Trimble Navigation (NASDAQ: TRMB) to $63.00 (from $58.00) while maintaining a Buy rating.... More

Midday movers: Diamondback Energy rises, Arm goes parabolic

February 12, 2024 9:00 AM EST

(Updated - February 12, 2024 11:21 AM EST)

Investing.com -- Main U.S. indexes edged higher Monday in subdued trading ahead of key inflation data scheduled to be released later this week that could impact the timing of Fed rate cuts.

Here are some of the biggest U.S. stock movers today:

Diamondback Energy (NASDAQ: FANG) rose 10% after announcing an agreement to merge with Endeavor Energy Resources in a transaction valued at approximately $26 billion.

Joby Aviation (NYSE: JOBY) shares rose 7% after... More

Trimble (TRMB) Tops Q4 EPS by 3c, Beats on Revenue; Offers Weak FY24 Guidance

February 12, 2024 6:56 AM EST

Trimble (NASDAQ: TRMB) reported Q4 EPS of $0.63, $0.03 better than the analyst estimate of $0.60. Revenue for the quarter came in at $932.4 million versus the consensus estimate of $911.71 million.

GUIDANCE:

Trimble sees FY2024 EPS of $2.60-$2.80, versus the consensus of $2.72. Trimble sees... More

Trimble Navigation (TRMB) PT Raised to $56 at JPMorgan

February 9, 2024 8:00 AM EST

JPMorgan analyst Ann Duignan raised the price target on Trimble Navigation (NASDAQ: TRMB) to $56.00 (from $48.00) while maintaining a Neutral rating.... More