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Itron price target raised to $133 from $125 at Oppenheimer

Oppenheimer raised the firm’s price target on Itron (ITRI) to $133 from $125 and keeps an Outperform rating on the shares. The firm notes shares traded up Tuesday after Itron beat Q4 top/bottom-line consensus estimates and guided FY26 better than feared, while providing multiple indicators for future demand inflection.

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