Oppenheimer Maintains Outperform on Itron, Raises Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Noah Kaye maintains an Outperform rating on Itron (NASDAQ:ITRI) and raises the price target from $120 to $124.
November 01, 2024 | 4:48 pm
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Oppenheimer has reaffirmed its Outperform rating on Itron and increased the price target from $120 to $124, indicating a positive outlook.
The reaffirmation of the Outperform rating and the increase in the price target suggest that Oppenheimer has a positive outlook on Itron's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100