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Fly News Breaks for February 25, 2020
ITRI
Feb 25, 2020 | 06:35 EDT
JMP Securities analyst Joseph Osha raised his price target on Itron to $95 and kept his Outperform rating after its "solid" Q4 revenue, even though the profitability in the networked solutions and device solutions segment was disappointing. The analyst further notes that his new price target reflects improved backlog coverage and book-to-bill ratio rising above parity as he rolls forward his earnings estimates and sees the management's FY21 objectives as "achievable".
News For ITRI From the Last 2 Days
ITRI
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