Itron Inc (ITRI) has disclosed a new risk, in the Manufacturing category.
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Itron Inc. is exposed to an array of risks that could severely disrupt its global operations, including natural disasters, public health emergencies, and malicious cybersecurity incidents. Such events pose a significant threat to the integrity of its concentrated manufacturing facilities, potentially leading to costly and time-consuming efforts to re-establish production capabilities. The materialization of these risks could lead to substantial harm to Itron Inc.’s business, financial standing, and operational outcomes, underscoring the critical nature of robust risk management strategies for the company.
The average ITRI stock price target is $88.14, implying -3.63% downside potential.
To learn more about Itron Inc’s risk factors, click here.