Itron (ITRI) Gets a Buy Rating from Needham


Needham analyst Sean Hannan maintained a Buy rating on Itron (ITRI) today and set a price target of $70. The company’s shares opened today at $53.01.

Hannan has an average return of 6.7% when recommending Itron.

According to TipRanks.com, Hannan is ranked #263 out of 5220 analysts.

Currently, the analyst consensus on Itron is a Strong Buy with an average price target of $68.80, a 29.8% upside from current levels. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $72 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $77.40 and a one-year low of $44.35. Currently, Itron has an average volume of 223.8K.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Itron, Inc. is a technology and services company, which engages in the provision of solutions that measure, manage, and analyze energy and water use. It operates through the following segments: Electricity, Gas, and Water.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts