TD Cowen Maintains Buy on Itron, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jeffrey Osborne has maintained a Buy rating on Itron (NASDAQ:ITRI) and increased the price target from $110 to $115, indicating a positive outlook on the company's stock.
May 03, 2024 | 8:47 pm
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TD Cowen analyst Jeffrey Osborne reaffirmed a Buy rating on Itron and raised the price target to $115 from $110, signaling confidence in the company's future performance.
The increase in price target by a reputable analyst like Jeffrey Osborne suggests a strong belief in Itron's potential for growth and profitability. Such endorsements often lead to increased investor confidence and can drive the stock price up in the short term.
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