Evaluating Itron: Insights From 10 Financial Analysts
Portfolio Pulse from Benzinga Insights
Itron (NASDAQ:ITRI) has received mixed analyst ratings, with a recent average price target increase to $118.9. Analysts have adjusted their ratings and price targets, reflecting positive sentiment. Itron's financials show strong revenue growth and profitability, but a high debt-to-equity ratio indicates financial risk.
August 21, 2024 | 3:00 pm
News sentiment analysis
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POSITIVE IMPACT
Itron has received a mix of bullish and neutral ratings from analysts, with a recent increase in the average price target to $118.9. The company's strong revenue growth and profitability are positive, but its high debt-to-equity ratio poses a financial risk.
The increase in the average price target and the majority of bullish ratings suggest a positive short-term outlook for Itron. The company's strong financial performance, including revenue growth and profitability, supports this view. However, the high debt-to-equity ratio is a potential risk factor that investors should consider.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100