Itron price target raised to $41 from $35 at RW Baird Baird raised its price target on Itron citing its solid book-to-bill ratio, contract wins for its Electricity unit, and potential for restructuring announcements to position it for long term growth. Shares are Outperform rated.
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.