Itron Signs Contract to Deploy OpenWay® Riva IoT Solution for Samoan Utility

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Itron (ITRI) PT Lowered to $72 at Oppenheimer

August 7, 2018 9:02 AM EDT

Oppenheimer lowered its price target on Itron (NASDAQ: ITRI) to $72.00 (from $76.00) while maintaining a Outperform rating.

Analsyt Noah Kaye commented, "ITRI beat 2Q18 adj. EBITDA, margin and EPS consensus estimates and lifted FY18 revenue outlook while lowering FY EPS guidance. Bookings were solid and... More

Itron (ITRI) PT Lowered to $68 at Baird

August 7, 2018 6:35 AM EDT

Baird lowered its price target on Itron (NASDAQ: ITRI) to $68.00 (from $75.00) while maintaining a Neutral rating.

Analyst Ben Kallo notes margin pressure continues. "...ITRI reported solid total and 12-month backlogs, but we think investors will continue to focus on margin weakness, which could be an overhang," he commented.

... More