Badger Meter (BMI) PT Raised to $175 at Stifel
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Price: $128.70 -1.62%
Rating Summary:
6 Buy, 12 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
6 Buy, 12 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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Stifel analyst Nathan Jones raised the price target on Badger Meter (NYSE: BMI) to $175.00 (from $147.00) while maintaining a Hold rating.
The analyst comments "We maintain our Hold rating on BMI shares with a $175 target price. The AMI conversion story, and Badger's ability to capitalize on it, continues to outperform expectations and with only an estimated 35% market penetration the cycle should have legs."
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