Analysts Offer Insights on Technology Companies: Itron (ITRI) and Bel Fuse Inc (BELFB)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Itron (ITRI – Research Report) and Bel Fuse Inc (BELFB – Research Report) with bullish sentiments.
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Itron (ITRI)
Roth MKM analyst Chip Moore maintained a Buy rating on Itron today and set a price target of $150.00. The company’s shares closed last Tuesday at $96.43.
According to TipRanks.com, Moore is a 5-star analyst with an average return of
Itron has an analyst consensus of Strong Buy, with a price target consensus of $136.83, which is a 38.4% upside from current levels. In a report issued on February 13, J.P. Morgan also maintained a Buy rating on the stock with a $133.00 price target.
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Bel Fuse Inc (BELFB)
In a report released today, Bobby Brooks from Northland Securities maintained a Buy rating on Bel Fuse Inc, with a price target of $247.00. The company’s shares closed last Tuesday at $235.30.
According to TipRanks.com, Brooks is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bel Fuse Inc with a $229.50 average price target, representing a -2.1% downside. In a report released today, Craig-Hallum also maintained a Buy rating on the stock.
