Canaccord Genuity Raises Price Target on Badger Meter (BMI)

Article Related Press Releases (1) Related Articles (1) Stock Quotes (1) Comments (0)

Canaccord Genuity maintained a Hold rating on Badger Meter (NYSE: BMI) and raised its price target to $40.00 (from $36.00).

"While muni uncertainty lingers into the seasonally slower Q4 period, margins look to stay resilient and continued housing recovery supports a better outlook,” said analyst John Quealy.

He is constructive on Badger Meter’s longer-term outlook, though its valuation above peers may create increased near-term volatility.

For an analyst ratings summary and ratings history on Badger Meter click here. For more ratings news on Badger Meter click here.

Shares of Badger Meter closed at $43.62 yesterday, with a 52 week range of $26.86-$44.03.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Jefferies Bumps Zumiez (ZUMZ) Numbers Up, But Remains on Sidelines
• Dollar Tree (DLTR) Beats But Looks Stretched - Jefferies
• Needham & Company Lifts Numbers on Marvell (MRVL) on Solid Results

Create E-mail Alert Related Categories

Analyst Comments, Analyst EPS View, Analyst PT Change

Related Entities

Canaccord Genuity

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?