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0.000125533517449045 0.00031383379362279 -6.27667587247008E-05 0.00414260607582222 0.00301280441877975 0.00244790359025851 -0.000878734622144205 -0.00188300276173745
Stock impact report

Wall Street Firms Echo Trimble Inc. (TRMB) Growth Prospects on Improving Macroeconomics [Yahoo! Finance]

Trimble Inc. (TRMB) 
Last trimble inc. earnings: 2/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.trimble.com
Company Research Source: Yahoo! Finance
The upgrade underscores the research firm's confidence in the company's prospects, with low-teens annual recurring revenue and a double-digit earnings-per-share growth framework. Photo by CDC on Unsplash According to the research firm, the growth metrics support multiple expansion of the company's valuation to about 30X, in line with broader industrial peers. Likewise, KeyBanc expects end-market recovery to drive further upside. On December 8, analysts at Oppenheimer reiterated an Outperform rating and a $102 price target, impressed by the company's growth potential. The research firm remains confident that the company will achieve mid-teens annual recurring revenue growth. The growth would be supported by the long tail of cross-sell and upsell opportunities within its existing customer base. The research firm is also banking on the geographic expansion of bundles and platforms in Europe, as well as on macroeconomic factors affecting transportation and the field solutions segm Show less Read more
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