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Fly News Breaks for March 15, 2017
ITRI
Mar 15, 2017 | 08:34 EDT
Argus analyst John Eade blames Itron's recent weakness on its statement that its profit growth may be anemic at the beginning of this year. However, Eade expects the company's profitability to be strong towards the end of the year, and he predicts that its profit will increase around 15% in 2017. Eade recommends buying the stock on weakness.
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