Stifel Maintains Buy on ITT, Raises Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Nathan Jones has reaffirmed a Buy rating on ITT Inc. (NYSE:ITT) and increased the price target from $122 to $131, indicating a positive outlook on the company's stock.
December 19, 2023 | 3:42 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Stifel analyst Nathan Jones has maintained a Buy rating on ITT Inc. and raised the price target from $122 to $131, suggesting confidence in the company's future performance.
The increase in price target by Stifel reflects an optimistic assessment of ITT's stock, likely due to positive performance or future growth expectations. This can have a favorable impact on investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100