Argus Upgrades Itron (ITRI) to Buy
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Price: $80.98 -0.95%
Rating Summary:
16 Buy, 16 Hold, 6 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 4 | Down: 11 | New: 23
Rating Summary:
16 Buy, 16 Hold, 6 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 4 | Down: 11 | New: 23
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Argus upgraded Itron (NASDAQ: ITRI) from Hold to Buy with a price target of $48.00.
The firm said the recent 4Q report showed improved trends in sales, earnings and the backlog. In addition, technical trends for the stock have turned bullish.
For an analyst ratings summary and ratings history on Itron click here. For more ratings news on Itron click here.
Shares of Itron closed at $40.50 yesterday.
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