Evaluating Itron: Insights From 10 Financial Analysts
Portfolio Pulse from Benzinga Insights
The article evaluates Itron (NASDAQ: ITRI) based on insights from 10 financial analysts, showing a mix of bullish and bearish perspectives. Analysts have recently raised their price targets, with an average target of $110.5, reflecting a 6.48% increase from the previous average. Itron's financial performance is strong, with notable revenue growth, net margin, ROE, and ROA surpassing industry averages.
June 20, 2024 | 5:00 pm
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POSITIVE IMPACT
Itron (NASDAQ: ITRI) has received mixed ratings from analysts, with a recent average price target of $110.5, reflecting a 6.48% increase. The company's strong financial performance, including a 22% revenue growth, impressive net margin, ROE, and ROA, positions it favorably in the market.
The increase in the average price target and the strong financial performance metrics such as revenue growth, net margin, ROE, and ROA suggest a positive short-term impact on Itron's stock price. Analysts' mixed ratings indicate some uncertainty, but the overall sentiment leans towards a bullish outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100