** At least six brokerages cut price targets on fluid meters manufacturer Badger Meter BMI.N

** RBC says co's weak quarter reflects temporary project delays and softer shipments, but longer-term fundamentals and backlog strength remain intact

** Jefferies says recent earnings weakness reflects timing-driven volatility in short-cycle orders, not underlying demand issue

** Jefferies also slashes 2026 EPS forecast to $4.72 from $5.10

** Co on Friday posted Q1 revenue below analysts' estimates

** Shares of the company edges up nearly 1% at $116 premarket

** Eight of 13 brokerages rate the stock "buy" or higher, four "hold" and one "sell"; their median PT is $155 - data compiled by LSEG

** As of last close, stock had fallen 33.8% YTD

Brokerages	New PT	Old PT
RBC	$169	$197
Barclays	$110	$136
Stifel	$140	$174
Jefferies	$150	$190
J.P.Morgan	$160	$190
Deutsche Bank	$127	$167