Itron, Inc. (ITRI) Tops Q1 EPS by 4c

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Itron (ITRI) PT Raised at Baird Post Q1

April 25, 2014 7:31 AM EDT

Baird analyst Ben Kallo reiterated an Outperform rating on Itron (NASDAQ: ITRI) and boosted his price target from $35 to $41 following Q1 results.

Kallo comments, "ITRI beat across all metrics, increased backlog 24.8% q/q, and had a solid book-to-bill ratio. Additionally, ITRI announced... More