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Fly News Breaks for November 6, 2018
ITRI
Nov 6, 2018 | 07:46 EDT
Oppenheimer analyst Noah Kaye lowered his price target for Itron to $60 from $72 after the company beat Q3 earnings consensus estimate, but guided Q4 below consensus as supply chain constraints weighed on sales/margin outlook. The analyst believes that easing appears unlikely through at least 1H19. Kaye reiterates an Outperform rating on the shares.
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ITRI
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