B of A Securities Upgrades ITT to Buy, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Andrew Obin has upgraded ITT Inc. (NYSE:ITT) from Neutral to Buy and increased the price target from $105 to $125.
November 16, 2023 | 12:53 pm
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ITT Inc. has been upgraded by B of A Securities from Neutral to Buy, with the price target raised from $105 to $125.
Upgrades by analysts, especially from neutral to buy, typically indicate a positive outlook on the stock and can lead to increased investor confidence and a potential rise in the stock price in the short term. The raised price target further supports a bullish view on the stock.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100