Itron, Inc. (ITRI) Tops Q3 EPS by 4c, Guides FY Below Street

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Canaccord Genuity Remains Constructive on Itron (ITRI)

November 2, 2012 1:14 PM EDT

Canaccord Genuity maintained a Buy rating on Itron (NASDAQ: ITRI) but lowered its price target to $46.00 (from $55.00).

"While the diminished outlook tempers our bullishness on the company near term, we still find longer-term value in shares," said analyst John Quealy.

He... More