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Badger Meter price target raised to $174 from $166 at Stifel

Stifel raised the firm’s price target on Badger Meter (BMI) to $174 from $166 and keeps a Buy rating on the shares. The firm thinks Q1 earnings season is likely to “provide few surprises or guidance changes to act as catalysts” for its flow control and multi-industry coverage, the analyst tells investors in a preview for the group.

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