Goldman Sachs Initiates Trimble Navigation At Neutral

Goldman Sachs initiated coverage on

with a Neutral rating. The target price for Trimble Navigation is set to $29. Trimble Navigation shares have dropped 34.04% over the past 52 weeks, while the S&P 500 index has surged 11.93% in the same period. Trimble Navigation's shares declined 0.81% to close at $25.19 yesterday.