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Itron (NASDAQ:ITRI) was upgraded by investment analysts at Brean Capital from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.

ITRI has been the subject of a number of other recent research reports. Analysts at Bank of America downgraded shares of Itron from a “buy” rating to an “underperform” rating in a research note on Monday, July 21st. They now have a $39.00 price target on the stock, down previously from $40.00. They noted that the move was a valuation call. Analysts at Stifel Nicolaus initiated coverage on shares of Itron in a research note on Wednesday, May 28th. They set a “hold” rating on the stock. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $40.44.

Shares of Itron (NASDAQ:ITRI) opened at 36.40 on Wednesday. Itron has a 52-week low of $32.30 and a 52-week high of $46.09. The stock has a 50-day moving average of $39.40 and a 200-day moving average of $37.84. The company’s market cap is $1.431 billion.

Itron (NASDAQ:ITRI) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.18. The company had revenue of $489.00 million for the quarter, compared to the consensus estimate of $465.61 million. During the same quarter in the previous year, the company posted $0.58 earnings per share. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. Analysts expect that Itron will post $1.60 EPS for the current fiscal year.

Itron, Inc(NASDAQ:ITRI) is a technology company and one of the global suppliers of a broad range of standard, advanced, and smart meters and meter communication systems, including networks and communication modules, software and services.

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