-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點總結如下：我們將ITRI的12個月目標價從123美元上調至131美元，基於2027年每股收益20倍的市盈率，低於ITRI過去三年和五年25倍至31倍的歷史平均市盈率，但反映了業務品質的改善和結構性利潤率的擴張。由於ITRI第二季業績指引低於預期，以及專案進度波動和持續收購帶來的短期收入壓力，我們將2026年和2027年的每股收益預期分別下調至6.01美元和6.58美元（此前分別為6.15美元和6.83美元）。然而，我們依然對轉型持樂觀態度，並指出創紀錄的毛利率、28%的年度經常性收入增長、韌性解決方案的早期進展以及22%的成果交付增長均證明了轉型的成功。我們承認積壓訂單減少以及下半年執行風險，並將第三季業績指引視為影響投資人情緒的關鍵時刻。但是，鑑於上半年業績超出內部預期，我們相信業務組合調整和收入品質基本面改善帶來的長期利好因素將抵消短期波動的影響。
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