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Itron price target raised to $135 from $128 at Guggenheim

Guggenheim analyst Joseph Osha raised the firm’s price target on Itron (ITRI) to $135 from $128 and keeps a Buy rating on the shares. The firm is updating its model following the recent release of the company’s Q3 results and applying a higher target multiple to its 2026 EBITDA estimate.

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