William Blair Assumes Coverage of Trimble Navigation (TRMB)

William Blair recently hosted its 30th Annual Growth Stock Conference. Trimble Navigation TRMB management was in attendance. TRMB is a maker of GPS and positioning hardware and software. William Blair assumed coverage of TRMB with an Outperform rating and Aggressive Growth company profile. "Management discussed the state of various international markets, identifying China, Africa, India, and Russia as areas in which significant infrastructure buildout is taking place. China is now the second-largest market in sales, behind the United States, according to Trimble."