Oppenheimer raised the firm’s price target on Itron (ITRI) to $155 from $150 and keeps an Outperform rating on the shares. The firm notes shares were down hsd Thursday after Itron beat and raised EPS above consensus while trimming revenue guidance.
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Read More on ITRI:
- Itron price target lowered to $129 from $137 at Baird
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- Itron’s Strong Financial Performance and Growth Potential: A Buy Rating Despite Short-term Challenges
- JPMorgan upgrades Itron to Overweight, says ‘buy the dip’
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