Goldman Sachs Maintains Buy on ITT, Raises Price Target to $166
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Joe Ritchie has maintained a Buy rating on ITT Inc. and increased the price target from $150 to $166.
October 10, 2024 | 3:05 pm
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Goldman Sachs has reaffirmed its Buy rating on ITT Inc. and increased the price target from $150 to $166, indicating a positive outlook on the company's stock.
The increase in price target from $150 to $166 by a reputable firm like Goldman Sachs suggests a positive outlook for ITT's stock. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100