Analyst Expectations For Itron's Future
Portfolio Pulse from Benzinga Insights
Analyst ratings for Itron (NASDAQ:ITRI) show a mix of bullish and bearish perspectives with a recent trend towards more positive evaluations. The average 12-month price target has been raised to $106.6, reflecting an 11.42% increase from the previous target. Analysts from firms like Roth MKM, Piper Sandler, and Oppenheimer have adjusted their ratings and price targets, indicating a positive outlook on Itron's performance. The company's financial health is strong, with notable revenue growth, efficient cost management, and a sound financial structure.
May 03, 2024 | 7:00 pm
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POSITIVE IMPACT
Analyst ratings for Itron have become more positive, with an increased average 12-month price target of $106.6. The company's strong financial performance and positive revenue trend support this optimistic outlook.
The upward revision in price targets and positive analyst ratings indicate a strong consensus about Itron's growth potential and financial health. The company's significant revenue growth and efficient cost management, as highlighted by analysts, suggest a robust outlook that could positively impact its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100