By: Rob Wertheimer
We are launching coverage with an Overweight rating, our second highest. Trimble’s business and revenue model are the future of industrials, and both are foreign/hard to understand. As a company that straddles the tech and industrial worlds, Trimble falls through the cracks on both the buyside and the sellside, and it merits more attention. We are aiming to address that gap not just with this launch, but more generally with a broad reach of work on industrial tech.