UBS Maintains Buy on ITT, Raises Price Target to $158
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Damian Karas maintains a Buy rating on ITT Inc. (NYSE:ITT) and raises the price target from $135 to $158, indicating a positive outlook on the company's stock.
May 08, 2024 | 1:05 pm
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UBS analyst Damian Karas maintains a Buy rating on ITT Inc. and raises the price target from $135 to $158, suggesting a strong bullish sentiment towards ITT's stock.
The increase in price target by a reputable analyst from UBS suggests a strong confidence in ITT's future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term increase in ITT's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100