From Alphastreet - Earnings Decoded. Market Intelligence Delivered · AlphaStreet Newsdesk · · 40s
Badger Meter Drops 6.2% Despite Analyst Upgrades
Badger Meter shares fell 6.2% on Wednesday as analysts upgraded targets but investors sold off.
In brief
Badger Meter shares fell 6.2% on Wednesday as analysts upgraded targets but investors sold off. Badger Meter shares dropped 6.2% after four analyst firms raised price targets, but volume surged as investors exited. Originally reported by Alphastreet - Earnings Decoded. Market Intelligence Delivered.
Badger Meter Shares Drop
Badger Meter shares plunged 6.2% on Wednesday despite four analyst firms raising price targets.
Analyst Targets Rise
RBC Capital raised its target from $162 to $187, Stifel lifted its target from $150 to $168, and Argus Research set a $170 target.
Volume Surges as Investors Exit
Trading reached 211,848 shares on Wednesday, signaling institutional repositioning rather than retail jitters.
The headline
Badger Meter shares dropped 6.2% after four analyst firms raised price targets, but volume surged as investors exited.
