JPMorgan raised the firm’s price target on Trimble (TRMB) to $98 from $96 and keeps an Overweight rating on the shares after meeting with management. The company is seeing continued momentum in its architecture, engineering, construction, and owners end markets with multi-year project backlogs in civil construction, the analyst tells investors in a research note. The firm established a December 2026 price target from December 2025.
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