Badger Meter Upgraded to Outperform by Baird, Analysts Expect 26.08% Upside

Baird has upgraded their outlook for Badger Meter (NYSE:BMI) from Neutral to Outperform. The average one-year price target for Badger Meter is $183.84/share, representing a 26.08% increase from its latest closing price of $145.81/share. The projected annual revenue for Badger Meter is 647MM, a decrease of 29.37%, and the projected annual non-GAAP EPS is 3.30. There are 510 funds or institutions reporting positions in Badger Meter, with an average portfolio weight of 0.11%.