A Closer Look at 10 Analyst Recommendations For Itron
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Itron (NASDAQ:ITRI), with a majority being bullish. The average 12-month price target has increased by 5.84% to $120.00. Itron has shown strong financial performance with impressive revenue growth and profitability metrics, although it has a higher debt-to-equity ratio than industry averages.
September 27, 2024 | 2:00 pm
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Itron has received a mix of bullish and somewhat bullish ratings from analysts, with an increased average price target of $120.00. The company's strong financial performance, including a 12.57% revenue growth rate and high net margin, supports positive sentiment, although its high debt-to-equity ratio is a concern.
The majority of analysts have given Itron a bullish rating, with an increased average price target, indicating positive sentiment. The company's strong revenue growth and profitability metrics further support this outlook. However, the high debt-to-equity ratio could pose a risk, but the overall impact is likely positive in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100