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Itron downgraded to Neutral at Guggenheim after estimates lowered

As previously reported, Guggenheim analyst Joseph Osha downgraded Itron (ITRI) to Neutral from Buy and removed the firm’s prior “admittedly stale” $155 price target Following a reassessment of the near-term growth trajectory, the firm is reducing its 2026 and 2027 earnings estimates given its view that an uncertain environment is likely to persist through 2026.

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