A couple more firms have come out with notes on Itron (ITRI) after it was rumored that Siliver Springs Networks will win the BG&E deal, not Itron.  Hat tip to Street Insider for the analyst comments.

Wedbush is downgrading Itron from Outperform to Neutral and is also cutting the price target from $85 to $62.  “The loss of BG&E to SSN suggests continued headwinds for Itron’s backlog growth, lowers Itron’s general credibility with existing … Read the rest