Itron upgraded to Buy from Hold at Needham Needham upgraded Itron based on expectations comps will turn in 1H 2014 based on solid core business growth, margin expansion, and favorable risk/reward. Price target is $45.
News For ITRI From The Last 14 Days
Check below for free stories on ITRI the last two weeks.
Itron signs four-year contract to supply water meters Itron announced that it has signed a four-year contract to supply water meters to Evides Waterbedrijf, water supplier to 2.5M customers in the Western Netherlands. The utility will use Itronís AMI-ready volumetric water meters to accurately and reliably manage water delivery to residential customers. Designed for long-term performance and reliability, the meters will help Evides maximize revenue collection over time. With this contract, Itron will supply up to 100K water meters per year for four years.