Badger Meter price target lowered to $136 from $157 at Barclays

Barclays lowered the firm’s price target on Badger Meter (BMI) to $136 from $157 and keeps an Underweight rating on the shares. The company reported a Q4 revenue miss and “more muted” first half of 2026 outlook, which was surprising, the analyst tells investors in a research note. The firm believes Badger’s slower near-term growth and margin headwinds will remain an overhang on the shares.