Baird raised the firm’s price target on Itron (ITRI) to $132 from $123 and keeps an Outperform rating on the shares. The firm said they reported another quarter of strong results beating Baird/consensus estimates for all key metrics.
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Read More on ITRI:
- Itron Inc. Reports Strong Q3 2024 Financial Performance
- Itron reports Q3 EPS $1.84, consensus $1.13
- Itron sees Q4 EPS $1.00-$1.10, consensus $1.00
- Itron raises FY24 EPS view to $5.28-$5.38 from $4.45-$4.65, consensus $4.57
- Itron unveils CityEdge Portfolio to address modern city challenges
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