Badger Meter price target raised to $250 from $235 at Seaport Research

Seaport Research analyst Scott Graham raised the firm’s price target on Badger Meter (BMI) to $250 from $235 and keeps a Buy rating on the shares. The firm believes the recent decline in stock price following its Q3 results represents a buying opportunity, the analyst tells investors. The company continues to execute well, and the Water Metering market is favorable, the firm adds