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Itron, Inc. Message Board

  • moneynow27 moneynow27 Oct 4, 2010 1:46 PM Flag

    Barclays raises estimates on ITRI today....

    DJ, Itron, (Nasdaq ITRI), price target $73. Barclays analyst says, "positive bookings momentum could continue: Itron announced 6 new contracts in Q3, with three contracts accounting for 750,000 endpoints...We are raising our 2010 EPS estimate from $3.35 to $3.65, and 2011 from $3.67-$4.06. The shares are currently trading at 15x 2011 estimates, compared to the historical valuation range of 13x-21x."

 
ITRI
36.37-0.22(-0.60%)May 21 4:00 PMEDT