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Fly News Breaks for June 28, 2016
TRMB
Jun 28, 2016 | 05:45 EDT
JPMorgan analyst Paul Coster downgraded Trimble Navigation to Neutral saying the Brexit vote and slower GDP growth in Europe "dim" the company's prospects for reaccelerating revenue growth. The analyst believes better returns can be found elsewhere in the group and keeps a $27 price target for Trimble shares.
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