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Itron, Inc. Message Board

  • stocksrus99 stocksrus99 Apr 28, 2011 10:36 AM Flag

    Credit Suisse says Buy- $75 price target

    Bottom-line: Earnings were $0.99 per share, in line with our estimate of $0.99 and above consensus of $0.95. The beat was driven by both top-line strength and margins. While guidance will not be updated until the summer, management’s tone was positive. We reiterate our Outperform rating owing to the compelling long-term secular growth prospects for the advanced metering sector and attractive valuation. Outperform- $75 price target.

40.29-1.05(-2.54%)Sep 19 4:00 PMEDT

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