Trimble Navigation pullback provides attractive entry point, says Piper Jaffray Piper Jaffray believes the post-earnings pullback in shares of Trimble Navigation provides an attractive entry point into the name. Piper thinks the company's construction focused E&C segment will drive "healthy" sales growth and margin expansion through 2014. It lowered its price target for shares to $44 from $46 and keeps an Overweight rating on the stock.
Trimble acquires Vianova Systems Trimble announced that it has acquired Vianova Systems AS, a Norwegian company specializing in Building Information Modeling software for infrastructure design software solutions across the European region. Financial terms were not disclosed.