Itron (ITRI) Tops Q2 EPS by 3c, Beats on Revenues

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Itron (ITRI) PT Raised to $74 at Cowen Following Strong Quarter

August 3, 2017 8:09 AM EDT

Cowen raised its price target on Itron (NASDAQ: ITRI) to $74.00 (from $60.00) while maintaining a Market Perform rating. Itron reported strong results this quarter, exceeding the Street's top and bottom line expectations. Itron reported revenues of $503.1mn, ahead of consensus expectations of $491.8mn. Adjusted EPS of... More