BMO Capital initiated coverage of ITT (ITT) with an Outperform rating and $233 price target implying 21% upside. The firm says the company has “successfully pivoted to a growth story and is emerging as an acquirer of choice.” ITT’s recent customer wins, new products, and recent acquisitions position it well against 2030 targets and “still leaves room for offense,” the analyst tells investors in a research note.
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Read More on ITT:
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- ITT price target raised to $235 from $190 at TD Cowen
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