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Fly News Breaks for July 13, 2017
ITRI
Jul 13, 2017 | 08:55 EDT
Baird analyst Ben Kallo noted Landis+GYR could potentially go public and he believes Itron could have a positive read-through from such an event. He said the interest in the IPO could demonstrate continued interest in the metering space, but that investors would likely prefer Itron over L+G given its diverse business segments and global footprint. Kallo reiterated his Outperform rating and $73 price target on Itron shares.
News For ITRI From the Last 2 Days
ITRI
Sep 19, 2017 | 07:30 EDT
As previously reported, Canaccord downgraded Itron (ITRI) to Hold from Buy. Analyst John Quealy said Itron's acquisition of Silver Spring (SSNI) to accelerate the technology roadmap is a "bold move," but expects shares to stay more range-bound as investors await deal closure and integration efforts to take hold.
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