Barclays raised the firm’s price target on Ituran (ITRN) to $50 from $35 and keeps an Overweight rating on the shares. The company reported 7% year-over-year revenue growth in Q4 and its fiscal 2025 guidance implies an acceleration in subscriber adds, the analyst tells investors in a research note. The firm raised estimates to reflect the higher growth outlook.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ITRN:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue