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Analysts Offer Insights on Technology Companies: Itron (ITRI) and Bel Fuse Inc (BELFB)

Tipranks - Wed Feb 18, 5:08PM CST

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Itron (ITRIResearch Report) and Bel Fuse Inc (BELFBResearch 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 33.4% and a 58.0% success rate. Moore covers the Industrial Goods sector, focusing on stocks such as Eos Energy Enterprises, Thermon Group Holdings, and Powell Industries. ;'>

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.

See today’s best-performing stocks on TipRanks >>

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 49.3% and a 73.4% success rate. Brooks covers the Industrial Goods sector, focusing on stocks such as Innovative Solutions And Support, Tetra Technologies, and Ceco Environmental. ;'>

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.

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