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Fly News Breaks for March 1, 2017
ITRI
Mar 1, 2017 | 08:45 EDT
Baird analyst Ben Kallo said Itron reported better than expected Q4 results and provided in-line guidance. He noted the company had strong bookings during the quarter and said the company has further opportunity for manufacturing and operational efficiency gains along with continued margin expansion. Kallo said he would use any weakness in the shares as a buying opportunity and reiterated his Outperform rating and $73 price target on Itron.
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