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Fly News Breaks for March 9, 2017
ITRI
Mar 9, 2017 | 06:58 EDT
JMP Securities analyst Christopher York initiated Itron with an Outperform and a $75 price target saying it is one of the leading competitors in the electric, water, and gas metering market, is partway through a multi-year process of operational improvement that has yielded positive results already. York sees more margin upside ahead, which is not reflected in current valuation.
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