ITT price target raised to $192 from $180 at KeyBanc

KeyBanc analyst Jeffrey Hammond raised the firm’s price target on ITT (ITT) to $192 from $180 and keeps an Overweight rating on the shares. The firm walked away impressed by the order strength across the business, which should provide increasing visibility into 2026. Given recent success around M&A, KeyBanc also thinks management commentary hinting at a potential deal on the horizon could prove to be a positive catalyst moving forward. All in, the firm continues to see ITT’s positive earnings trajectory compounded by constructive capital allocation.