Oppenheimer raised the firm’s price target on Trimble (TRMB) to $94 from $88 and keeps an Outperform rating on the shares. The firm notes the company delivered a strong quarter, with record Q2 ARR of $2.21B, beating EPS by 8c and raising its full year guide by 12c at the midpoint.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TRMB: