Baird analyst Robert Mason lowered the firm’s price target on Badger Meter (BMI) to $165 from $205 and keeps a Neutral rating on the shares. The firm updated its model following Q4 results as they believe its sales lull will be short-lived if the second half rebound delivers.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BMI: