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Fly News Breaks for July 13, 2017
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.
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