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.
News For TRMB From The Last 14 Days
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Trimble acquires Load Systems International, terms not disclosed Trimble announced that it has acquired privately-held Load Systems International. The acquisition enhances Trimble's broad portfolio of technologies that improve the safety, quality, transparency and efficiency of construction and maintenance projects across a range of industries. Financial terms were not disclosed.