Stifel Nicolaus Raises Badger Meter (NYSE:BMI) Price Target to $175.00

Badger Meter (NYSE:BMI – Get Free Report) had its target price increased by equities researchers at Stifel Nicolaus from $147.00 to $175.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has a “hold” rating on the scientific and technical instruments company's stock. Stifel Nicolaus' price target indicates a potential downside of 0.38% from the company's current price. Maxim Group raised their target price on shares of Badger Meter from $190.00 to $207.00 and gave the stock a “buy” rating in a research report on Friday.