Itron

Wunderlich is out with its report today on Itron (NASDAQ: ITRI), reiterating Hold. In a note to clients, Wunderlich writes, "We believe revenue growth for Itron, Inc. may have peaked in the near term and that barring a significant uptick in housing starts, revenue may begin to decline in late 2012...

Piper Jaffray has lowered the price target on Itron, Inc. (NASDAQ: ITRI) from $71 to $65 and maintains its Neutral rating.

Wunderlich Securities has lowered the price target on Itron, Inc. (NASDAQ: ITRI) from $70 to $63 and maintains its Hold rating.

Goldman Sachs has published a research report on Itron, Inc. (NASDAQ: ITRI) and has initiated coverage on the company at Sell. In the report, Goldman writes "We initiate coverage of Itron, a leading global supplier of electricity, gas and water meters and smart grid solutions with a Sell rating...

Itron, Inc. (NASDAQ: ITRI) reported 3Q10 results after the close on Wednesday, October 27 and it beat estimates, Wunderlich Securities reports. The company reported revenue and non-GAAP EPS of $576 million and $1.06, respectively. The Street was looking for $0.84 on $532 million of revenue. “As we...

Wedbush is changing the price target of the following companies: Open Text Corporation (NASDAQ: OTEX) $50 to $48 Itron, Inc. (NASDAQ: ITRI) $62 to $66 LSI Corporation (NYSE: LSI) $8 to $7

Itron, Inc. (NASDAQ: ITRI) reported strong 3Q upside (EPS of $1.06 vs. PJC $0.91 on revenue of $576M vs. PJC $538M) driven by strength in North America electrical AMI deployments. “Bookings increased 32% y/y to $528M, but decelerated from 2Q and the book-to-bill fell below 1.0,” Piper Jaffray...

Stifel Nicolaus has upgraded Itron, Inc. from Sell to Hold.

Needham analyst Sen K.F. Hannan upgraded his rating of Itron, Inc. (Nasdaq: ITRI) shares from Hold to Buy and instituted a price target of $69. The Needham analyst cited Itron's record 12-month backlog and strong portfolio of customers as factors that would drive the company's AMI business. He also...